What to do about an inheritance and bankruptcy?

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What to do about an inheritance and bankruptcy?

My in-laws used to live with us. They were part owners of that house but both have since passed away. In their Will, money from house was willed to family. We lost the said house in bankruptcy. Does or how is money paid back to family?

Asked on October 30, 2013 under Estate Planning, Ohio

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 7 years ago | Contributor

If you have already filed your bankruptcy petition and have obtained a discharge of your debts then the inheritance that you are to receive from your in-laws will be yours to keep without any creditor making a viable claim as to such.


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