Will I lose the life insurance money?

April 20th, 2015 by Questions

My spouse has passed away leaving me with a small amount of money from his life insurance policy. If I declare bankruptcy will I lose the life insurance money? My monthly income as I am a senior is approx 1250.00.


One Response to “Will I lose the life insurance money?”

, Desmond West-Chow, CIRP said:

This is a question that may be difficult to answer without knowing some more information about how and when you may be receiving the money, or if you’ve already received, what has happened to it since. I would recommend you contact a local trustee and discuss the question with them to allow you to provide more specific details on what you received.

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.)