January 15th, 2011 by Questions
i have recently filed bankrupt (second time) and am still waiting to be discharged. my father just passed away and i am unsure if there will be any inheritance, if there is can it be seized and given to my creditors.
Posted from: Ontario
One Response to “david”
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January 16, 2011 at 12:26 pm, A licensed trustee said:
The short answer is yes. You should contact your trustee now to disucss your options. If there is an inheritance you may be able to switch your bankruptcy to a proposal, depending on how much money you are expecting to receive. Te trick is to investigate these options now – if you leave it too long your trustee may simply seize the funds and pay them to your creditors (which is legally what they are supposed to do…).