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Need question answered about life insurance in a chapter 7 bankruptcy

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    Need question answered about life insurance in a chapter 7 bankruptcy

    Hello,

    I will be filing a chapter 7 bankruptcy and I need to know what happens if living in New Hampshire I receive $100,000 in life insurance proceeds from a direct relative who could pass away during the 6 months of waiting for bankruptcy to be discharged.

    Do I lose the $100,000 to the chapter 7 bankruptcy? The bankruptcy is for $700,000.

    I will be using New Hampshire exemptions.

    Thank you for your response.

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