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{"id":9477,"date":"2012-09-12T22:49:18","date_gmt":"2012-09-12T22:49:18","guid":{"rendered":"http:\/\/www.seonewswire.net\/?p=9477"},"modified":"2012-09-12T22:49:18","modified_gmt":"2012-09-12T22:49:18","slug":"inheritance-may-affect-bankruptcy-filing","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2012\/09\/inheritance-may-affect-bankruptcy-filing\/","title":{"rendered":"Inheritance May Affect Bankruptcy Filing"},"content":{"rendered":"

Filing bankruptcy is complicated, and receiving an inheritance does affect your filing.<\/p>\n

Receiving an inheritance before, during or after a bankruptcy may end up giving the debtor some difficulties. How that inheritance is treated when the debtor files a Chapter 7 bankruptcy will depend on when the bankruptcy was filed and when the person who bequeathed the money died. There have been instances where receiving an inheritance resulted in a discharged debtor having to repay the debts because their inheritance would allow them to pay everything off.<\/p>\n

If you receive an inheritance before your bankruptcy case is discharged, by law you must declare it as a part of your bankruptcy estate. This means having your Iowa bankruptcy lawyer file revised paperwork for your bankruptcy. Ultimately, the amount of money you receive is taken into account when it comes time to figure out Chapter 7 eligibility and whether or not the funds may be (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Filing bankruptcy is complicated, and receiving an inheritance does affect your filing. Receiving an inheritance before, during or after a bankruptcy may end up giving the debtor some difficulties. How that inheritance is treated when the debtor files a Chapter…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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