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Inheriting Property

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    Inheriting Property

    We recently had a death in the family - without a will - and I should be receiving 1/4th of the estate. It is all property - no cash - though some of it is income generating property (about $4000 a month before expenses, not sure what the expenses are). We have not yet consulted an attorney to do the probate, etc (not even sure where to start on that).

    I am in year 3 of a 5 year ch 13 plan. I only have about $5000 left to pay on it - but there were unsecured claims much higher than that that are not included in the plan.

    What is the likely outcome of something like this?

    #2
    I'm sure the only way to know with any accuracy is to call your attorney (the one who helped withe the BK - not the probate one) and get it figured out. Personally, this is something I stress about all the time - same thing could happen to me.

    Keep us posted!

    --13for60
    Filed Chapter 13 - 10/05/10
    341 Scheduled - 11/10/10

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