The HAVEN Act amends current bankruptcy law to better protect the economic security of veterans and their families.
Washington, D.C. – After the conclusion of votes on the House floor, Rep. Lucy McBath (D-Marietta) announced the passage of her bipartisan legislation, H.R. 2938, the Honoring American Veterans in Extreme Need (HAVEN) Act. By amending current bankruptcy law, this legislation supports disabled veterans’ eligibility for relief during financial hardship.
“Our disabled veterans should never be penalized for injuries they sustained in service to our country. They have earned their benefits, and it’s our duty to stand up for them if they fall on tough times,” McBath said. “This is a wonderful, bipartisan step toward safeguarding the disability benefits that our veterans and their families depend on. I’m proud that the House voted to do right by our veterans and protect those who have served.”
This legislation was co-led by Rep. Greg Steube (R-FL). The HAVEN Act would amend bankruptcy law to treat Department of Veterans Affairs and Department of Defense veteran’s disability payments the same as Social Security disability benefits, which are exempt from bankruptcy means testing. This legislation would remove this unequal treatment of disability payments made to veterans or their dependents.