bankruptcy annullment?

September 5th, 2007 by Questions

When we filed for bankruptcy, we asked some big \’what-if\’ questions – things that wouldn\’t likely happen – What if we won the lottery after we were discharged? What if someone died and left us a lot of money that we never expected? Could we un-do the discharge? The trustee informed us that in a case like that, you could apply to the courts to annul your bankruptcy.

We have just found out that we are in line to inherit a large amount of money from a sick relative on my mother\’s side. It will be triple the amount of our bankruptcy debts.

What is the timeline for possibly annulling a bankruptcy? And what affect would it have on our credit? We never missed a bill payment prior to bankruptcy (thanks to the help of family) so until bankruptcy, our credit was good. If the bankruptcy was annulled, would all of the debts we defaulted on still show 1 year+ of no payments? And if so, would there be any point in trying to have the bankruptcy annulled?


One Response to “bankruptcy annullment?”

, Barton Goth GCO Bankruptcy Trustees said:

You need to discuss this with your trustee.

It has been my experience that an annulment is extremely rare and simply receiving an inheritance is not gounds for annulment.

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