Does my COVID-19 payment change my eligibility status for bankruptcy?

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) signed by President Trump on March 27, 2020, temporarily amends specific definitions in Chapter 7 and Chapter 13 filings. These amendments exclude payments as part of a debtor’s income that are COVID-19-related stimulus payments sent by the federal government.
For example, the amendments exclude these payments from “current monthly income” for purposes of determining a debtor’s eligibility for Chapter 7 or Chapter 13 bankruptcy. They are also excluded from the calculation of “disposable income” for purposes of Chapter 13 plan confirmation. Lastly, if “the debtor is experiencing or has experienced a material financial hardship due, directly or indirectly, to the coronavirus disease 2019 (COVID-19) pandemic,” Chapter 13 debtors are able to seek modifications of their confirmed Chapter 13 plans.