January 18th, 2010 by Questions
If I am expecting money from an estate that hasn`t been settled (the person died over a year ago), and I now declare bankruptcy, will I lose that money?
Posted from: British Columbia
January 18, 2010 at 6:14 pm, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
Yes, any time you are in bankruptcy and there is a windfall of money that you are owed, you will loose these funds. While there are some exceptions to this, an inheritance does not fall into this list of exceptions.
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