Ask Experts Questions for FREE Help !
Ask
    ruhl67's Avatar
    ruhl67 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 21, 2009, 01:27 PM
    Chapt 13 and inheritance
    I am currentlyin Chapt 13. My mother who recently passed away had my name on all of her checking account. Does any or all of that money need to be paid to the trustee?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #2

    Sep 21, 2009, 02:05 PM

    This has to be reported to the Trustee who will advise you.

    I say, yes, it will be used to repay creditors. You can't walk away from your debts and still hold inherited money to the side.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

I have filed Chapt 7 and there is an adversary proceeding filed [ 3 Answers ]

I have filed Chapt 7 and there is an adversary proceeding filed claiming fraud regarding a property I bought in 2001, over seven years ago. The seller is claiming equity skimming. (There wasn’t any equity skimming, and why did they wait seven years if they thought they were harmed?) They have...

Can Chapt. 13 trustee take back award? [ 4 Answers ]

I filed for BK in July. Chapter 13 wage-earners plan. I was disabled in 2004 (lost use of my right hand and arm) The claim was originally denied. Now SS has decided to give me disability. My back award amounted to 20,000 the trustee wants this turned over to the plan as a windfall profit....

Inheritance tax [ 9 Answers ]

If I inherit 60000pounds & give my 2 children 10000pounds each will they have to Pay any tax

Was injured & had huge med bills filed chapt 7 BK [ 4 Answers ]

I was severely hurt at home, fell down the basement stairs in 2004 and lost use of my right arm. We had huge bills and finally we filed chapt 7 BK this past June. In 2004 we filed for Social Security Disablity and was denied. Now 3 years later they want the back Social Security they awarded paid...

View more questions Search