Home     Law Advice     Insurance Advice     Community    
Consumer Bankruptcy : Chapter 7, Chapter 13, Protection From Claims of Creditors
Go Back   FreeAdvice Legal Forum > BANKRUPTCY AND CONSUMER CREDIT > Consumer Bankruptcy

Powered by Attorney Pages


  Find An Attorney In Your Area    
 

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1  
Old 02-16-2006, 06:57 PM
Junior Member
 
Join Date: Feb 2006
Location: Kentucky
Posts: 1
Question

Bankruptcy/Inheritance


What is the name of your state? Kentucky
My husband and I filed bankruptcy on 09/27/05. Our discharge of debt is dated 01/20/06. My father passed away on 01/30/06. I will inherit a large
sum of money. There is a law that I am not sure about. Something about 180 days must pass before I receive or entitled to. If it is received then it will be more than 180 days, but if entitled to, was I entitled to it the day my father passed away? If I tell my bankruptcy lawyer is he obligated to tell the bankruptcy court?
  #2  
Old 02-17-2006, 12:00 PM
Member
 
Join Date: Jan 2006
Posts: 191
Within 180 days of the petition date, 11 U.S.C. §541(a)(5) includes as property of the bankruptcy estate any property you acquire, or become entitled to acquire, as a result of a gift, inheritance, or devise. You need to consult with both your father's probate attorney and your bankruptcy attorney. You may or may not have an issue.
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

All times are GMT -5. The time now is 11:22 PM.



IMPORTANT NOTICE
THE VIEWS EXPRESSED ON THIS PAGE WERE NOT REVIEWED BY THE EDITORIAL STAFF OR ATTORNEYS AT FREEADVICE.COM. Thousands of professionally prepared and reviewed questions and answers in 130 legal categories are to be found at the Question and Answer pages at FreeAdvice.com.

F
reeAdvice Forums are intended to enable consumers to benefit from the experience of other consumers who have faced similar legal issues. FreeAdvice does NOT vouch for or warrant the accuracy, completeness or usefulness of any posting or the qualifications of any person responding. Use of the Forums is subject to our Terms and Conditions which prohibit advertisements, solicitations or other commercial messages, or false, defamatory, abusive, vulgar, or harassing messages, and subject violators to a fee for each improper posting. All postings reflect the views of the author but become the property of FreeAdvice. Information on FreeAdvice or a Forum should not be relied upon and is not a substitute for advice from an attorney licensed in your jurisdiction who you have retained to represent you. To locate an attorney visit AttorneyPages.com. Copyright since 1995 by Advice Company. All Rights Reserved.