How Can an Inheritance Affect a Chapter 13 Bankruptcy?

Answer Bankruptcy law requires a debtor to report to the bankruptcy court any inheritance money received by the debtor within 180 days after the debtor files a petition for Chapter 13 bankruptcy. Dependin... Read More »

Top Q&A For: How Can an Inheritance Affect a Chapter 13 Bank...

Rules for Chapter 7 Bankruptcy & Inheritance?

Bankruptcy law is complicated. The rules that govern inheritance before, during and after bankruptcy proceedings give many people particular trouble. How an inheritance is treated in a Chapter 7 ba... Read More »

How Does Chapter 13 Bankruptcy Affect the Right of Execution?

Chapter 13 bankruptcy allows a debtor to avoid having to deal with each individual creditor separately. Chapter 13 allows the debtor to consolidate all creditor claims into a single monthly payment... Read More »

How Does a Personal Chapter 7 Bankruptcy Affect My Taxes?

A successful Chapter 7 bankruptcy filing can result in the discharge of most, but not all debts. Debts that cannot be discharged include child support, student loans and most tax debts. Of particul... Read More »

How Does Chapter 11 Bankruptcy Affect Common Stock?

When a company has liabilities exceeding its assets, it may declare bankruptcy, just as individuals do. However, in a corporate bankruptcy, the individual shareholders are often left with no assets... Read More »