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Wills

If I file for bankruptcy, what happens if I am left items from a person in their will when they die?

Posted from: Alberta

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One Response to “Wills”

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

Any inheritance in a bankruptcy is lost and paid directly to the trustee, at least this is what happens when it is a monetary inheritance. With an inheritance of property it is up to the trustee to determine if there is any value to the property and if there is it must be sold for the benefit of your creditors.