Unemployment Overpayment & Bankruptcy
If you receive an unemployment overpayment, you may be wondering if it will impact your bankruptcy. The good news is that, in most cases, it will not.
An unemployment overpayment is when you are paid more in unemployment benefits than you are actually entitled to. This can happen for a number of reasons, including if you return to work but don't report it or if there is a mistake in the calculation of your benefits.
If you do receive an overpayment, you will be required to repay the money. In some cases, this can be done through a repayment plan. However, if you are unable to repay the money, it could impact your bankruptcy.
If you file for Chapter 7 bankruptcy, any unpaid unemployment overpayments will be discharged (forgiven).
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