Loaning Money From a Friend or Family Member after Dischage

[journey]

Okay. I was wanting to know after your dischaged if you Borrow or Recieve a Gift of Money from a Freind or Family Member would you have to report it to the Trustee.


I have a sister that has offerd to help me get back on my feet. either loaning or giving me money to help start over and im worried if i took it will i have to report it to the trustee if i get it after im Discharged.

Any help would be appreciated. thanks

[StartingOver08]

No, once you are filed BK CH 7 - and discharged the only funds you have to report are lotto winnings and life insurance payouts.

Family and friends can help you get back on your feet. Good luck.

[journey]

StartingOver08. Thank you. i didnt want to except it than the trustee find out and get them invovled or get it taken away or break any law.

Again thanks very much.

[magyar123]

No, once you are filed BK CH 7 - and discharged the only funds you have to report are lotto winnings and life insurance payouts.

Family and friends can help you get back on your feet. Good luck.

All of the above and inheritances - limited to 180 days after the closing.

[StartingOver08]

All of the above and inheritances - limited to 180 days after the closing.

Yes, thank you magyar123...