Unsettled estate and bankruptcy

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

Questions

One Response to “Unsettled estate and bankruptcy”


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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