A Message for Users Who Generated Their Forms from March 15, 2020 to March 31, 2020

3,728 families have filed bankruptcy using Upsolve. Learn More.

Written by the Upsolve Team.  
Updated July 22, 2020


We just sent this message to all Upsolve users who have recently generated their completed forms but have not filed them yet. If you have generated your forms and are planning to file them, please read on. IMPORTANT UPDATE for Upsolve Users on Dealing with $1200 Stimulus Check During Bankruptcy!

Date: March 30, 2020

Dear Upsolve User,

We're contacting you due to recent changes from Congress, which passed the America CARES Act on Friday, March 27th. As a friendly reminder, none of this email is legal advice and should not be construed as such. Upsolve is not your lawyer. You are filing for bankruptcy on your own.

If you earned under $75,000 in 2018 and are single, you are likely entitled to a $1,200 stimulus check, plus an additional $500 for each child. The same rule applies for married couples who earn under $150,000. If you've already filed your 2019 tax returns, you should go by your income in 2019. People on social security are also generally eligible.

Upsolve users who expect to receive this stimulus check, may choose a couple of options to make sure their forms accurately reflect their financial situation. This is not intended to be an exhaustive list.

Option 1: Wait to file for bankruptcy until after you receive your stimulus check. You can file your forms after the filing date you chose with Upsolve. We don't need to know if you plan on filing after your filing date. Remember to update your forms using the case editor if there were any changes in income or expenses before filing. You do not need to email us to change your forms if you use this option.

Option 2: Update your forms to indicate that you expect to receive a stimulus check and file as soon as possible before receiving the check. Although, the stimulus check is not considered income, it is an asset. You must list all the money someone owes you on Question 30 of Schedule A/B. Listing this asset on Schedule C and applying the set of exemptions that you have already chosen may allow you to protect it. If you would like to file before you receive your stimulus check, please email review@upsolve.org immediately with the following two pieces of information:

(a) How much you expect to receive? Most people who do not have children will receive $1200. Most people who have children will receive $1200+($500 x # of children they have.)

(b) Are you okay to proceed with filing even if there is no exemption available to protect your stimulus check? Two possible answers: Yes or No. If you answer "No," we will let you know if our software determines that your stimulus check may not be protected and may be taken by the trustee. You'll still be able to file your case either way. 

Please email us if you have any questions. We're here for you in these challenging times.

Best, Team Upsolve 

About the author

The Upsolve Team
Upsolve is lucky to have an incredible team of finance and consumer rights professionals as contributing writers to help us keep our content up to date, informative, and helpful for everyone.

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Upsolve is a 501(c)(3) nonprofit that started in 2016. Our mission is to help low-income families who cannot afford lawyers file bankruptcy for free, using an online web app. Spun out of Harvard Law School, our team includes lawyers, engineers, and judges. We have world-class funders that include the U.S. government, former Google CEO Eric Schmidt, and leading foundations. It's one of the greatest civil rights injustices of our time that low-income families can’t access their basic rights when they can’t afford to pay for help. Combining direct services and advocacy, we’re fighting this injustice.

To learn more, read why we started Upsolve in 2016, our reviews from past users, and our press coverage from places like the New York Times and Wall Street Journal.


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