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Unsettled estate and bankruptcy

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

One Response to “Unsettled estate and bankruptcy”

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.