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Consumer Bankruptcy : Chapter 7, Chapter 13, Protection From Claims of Creditors
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  #1  
Old 07-26-2005, 04:38 PM
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Join Date: May 2005
Posts: 25

Inheritance post Bankruptcy - confused


What is the name of your state? Virginia
The question comes from reading the earlier post regarding family limited partnership and inheritance. I filed chapter 7, individual bankruptcy in May 05 and in waiting period now. My husband and I do not have wills (I am beneficiary in his life ins. policies), so I was able to state "No" for that in the bankruptcy petition. However, I do not know if my parents have a will and I am uncomfortable asking (I informed my lawyer of this and he said no problem). Like the earlier poster I thought after 6 months there should not be a problem and in fact my husband told me that he wanted to get our will done after the 180 days were up. Now I am confused and concerned regarding inheritance and bankruptcy.
I would greatly appreciate any advice.
  #2  
Old 07-26-2005, 05:29 PM
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Join Date: Feb 2002
Location: Nashville,TN
Posts: 15,706
If your lawyer told you 'no problem' under the current circumstances, then you should listen to him. Your situation and that of the other poster you spoke of are quite different.
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