September 13th, 2010 by Questions
If I won money in a contest just before, or just after I filed for bankruptcy, would I get to keep the money?
Posted from: Ontario
September 13, 2010 at 8:41 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
If you win money either immediately before filing bankruptcy in Canada
or during a bankruptcy, you will loose this money and it will create a disbursement that will go to your creditors.
For reference, you have a legal obligation to disclose this to your trustee and failure to do so may make you ineligible to be discharge.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.