FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

"*" indicates required fields

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

Total Unsecured Debt*

*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

This field is hidden when viewing the form

Source

How can we help you?

If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Super Intendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

Phone

This field is for validation purposes and should be left unchanged.

Select Trustee By Province

inheritance

I am curious….if the person died prior to the beneficiary filing bankruptcy, and the inheritance is not received until after this person is discharged from bankruptcy, do they get to keep their inheritance?

Posted from: Ontario

Share this post:

X (Twitter) Facebook LinkedIn Email

One Response to “inheritance”

A licensed trustee said...

No. They should have advised their trustee when they filed for bankruptcy about the possible inheritance – if they had, their truste would have contacted the Executor of the Will and put them on notice to forward any inheritance to the trustee for the benefit of the persons creditors.

The critical event is the filing of bankruptcy – not the actual payment of funds. Unfortunately, the inheritance belongs to thie person’s creditors…