question category: Bankruptcy

how long is inheritance affected by bankruptcy?
Submitted on: 4th Feb 2010 by Non-Member | Total Answers: 1

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Re: how long is inheritance affected by bankruptcy?

This is a whole can of worms.

On your bankruptcy forms you should list all sums due to you under a will.

If a person dies while you are bankrupt, leaving you some money this can been as a windfall even if you do not recieve the money until after the end of the bankruptcy.

You should make sure you get advice from a probate solicitor if you are possibly due an inheritance and you are "insolvent" and considering bankruptcy.

Submitted on: 9th Feb 2010 by Darren Member

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