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    #16
    Originally posted by CAB_44
    Okay here's a question~
    When we went in for our meeting with our attorney, she asked if either of us are scheduled to inheritance money~ well....we both said "no"....
    but I got to thinkin'......I know that I will probably receive something, not sure of an exact $ amount, when my mother dies.....she is in ok health, but of course, we do not know when.....any of us.....but if she passes within the next 5 years....
    I am the executor of her will, so what does that mean to me if she passes before all of our BK is over...... I have NOT told her about the BK as of this moment.....and I really do not plan to..... anyone???????
    Since your mom is in good health and there is no imminent inheritance expected, you don't have to declare one. However, if she would pass before your Ch 13 case is succesfully discharged, it's possible that the trustee could take the inheritance (if it is not exempt) for your creditors up to 100% payback. Let's hope your mom continues to enjoy good health and a long life!
    Last edited by lrprn; 08-21-2006, 06:49 PM.
    I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.

    06/01/06 - Filed Ch 13
    06/28/06 - 341 Meeting
    07/18/06 - Confirmation Hearing - not confirmed, 3 objections
    10/05/06 - Hearing to resolve 2 trustee objections
    01/24/07 - Judge dismisses mortgage company objection
    09/27/07 - Confirmed at last!
    06/10/11 - Trustee confirms all payments made
    08/10/11 - DISCHARGED !

    10/02/11 - CASE CLOSED
    Countdown: 60 months paid, 0 months to go

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