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inheritance in bankruptcy
Fuzzy16
Posts: 117 Forumite
When would OR want any inheritance monies prior to discharge? When the money is in bankrupts account or is claimed as soon as the death is announced just curious that's all.
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Comments
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If someone inherited enough they may want to consider paying all the debt back to the creditors and get the bankruptcy annulled. If you think you could inherit property or money you could take steps to protect that money by changing the will of the person you could inherit from before they die giving the money to someone else or to place in trust.When would OR want any inheritance monies prior to discharge? When the money is in bankrupts account or is claimed as soon as the death is announced just curious that's all.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S) Loans cost 2.9% per year (Nationwide) = FREE money. 0 -
It would need paying as soon as it is received, but the OR should be kept informed that it was due to you beforehand as soon as you knew about it."Our prime purpose in this life is to help others. And if you can't help them, at least don't hurt them." Dalai Lama0
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