Bankruptcy and Inheritances – What you need to know?

It’s very likely if you receive an inheritance while you are bankrupt, and that amount is less than what you went into bankruptcy for the entire inheritance will go towards your debts and you won’t see a cent of it.

Put simply if receive an inheritance while you are bankrupt that money will go to your trustee and hence your bankrupt estate.

If you are currently bankrupt and or just considering bankruptcy and you think you may receive an inheritance over that 3 year period then give us a call, getting the right advice here is critical. We offer a free consultation with no obligation. Often receiving a potential inheritance is complicated involving other family members and or property etc.