November 9th, 2009 by Questions
I may be facing bankruptcy over a $35,000 credit card debt and I would have a surplus income payment of about $600 a month.
If, at some point, during the 21 months I receive an inheritance from the will of my sole (elderly) parent, estimated at around $80,000, will I have to surrender $40,000 of that to the trustee? This will be more than the debt I owe. Are inheritances from parents in any way protected?
Posted from: Ontario