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Inheritances

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When an individual in is in bankruptcy what happens if they receive a small inheritance from a family member

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This would be considered after acquired property and the Trustee would be required to seize it for the benefit of the bankruptcy estate.

Any property received (or is receivable) by a bankrupt between the date of bankruptcy and the date of discharge is considered after acquired property.

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This would be considered after acquired property and the Trustee would be required to seize it for the benefit of the bankruptcy estate.

Any property received (or is receivable) by a bankrupt between the date of bankruptcy and the date of discharge is considered after acquired property.

asked December 21, 2020

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This would be considered after acquired property and the Trustee would be required to seize it for the benefit of the bankruptcy estate. Any property received (or is receivable) by a bankrupt between the date of bankruptcy and the date of discharge is considered after acquired property.