                                 CODE OF VIRGINIA

DEBTS; ORDER OF PAYMENT (§ 8.01-525.9)

The trustee shall immediately upon receipt of such salary, wages, or income, or
at such other time as the court may direct, disburse the funds as follows:

1. The trustee shall first pay to the debtor directly, or for his benefit as the
court may direct, any amount the debtor may be entitled to as exempt by law if
he is a householder and head of a family or, if he is not a householder or head
of a family, then such amount for the necessities of life as may be agreed upon
by the creditors in the assignment. Nothing in this subdivision shall prevent
the trustee from paying to the debtor a greater amount than is exempt by law if
agreed to by the creditors and approved by the court.

2. The trustee shall next pay, according to such funds as he has in his
possession, a pro rata share of the balance to all the creditors on an equal
basis or in such proportions as the creditors may agree.

HISTORY: 1936, p. 524; Michie Code 1942, § 5278g; Code 1950, § 55-164; 2019,
c. 712.