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bankrupcy and inheritances

I have filed for bankrupcy for the second time in early december. Now after the fact, I find I am entitled to an inheritance. What will happen to this?

Posted from: Nova Scotia

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One Response to “bankrupcy and inheritances”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

When you file a bankruptcy you automatically lose any windfalls that you become subject to before or during the actual bankruptcy. This would include any inheritance. So you must disclose the presence of this inheritance to your trustee, then the monies will be directed to your trustee and be used to create a distribution or dividend that would go out to your creditors.