Thank you for your question. I am happy to assist you.
You will want to review your petition carefully. If your petition discloses the claim and if the trustee either closed the case as a "no asset" or "abandoned" the claim, you may be entitled to keep the settlement.
However, if the incident that gave rise to the settlement arose prior to the Chapter 7 filing, the settlement would typically be required to be turned over to the trustee in the bankruptcy.
I hope that the information which I provided was helpful to you.
Best wishes for a successful outcome. If you have additional questions, please do not hesitate to submit them to me directly.
Please click ACCEPT so that I can get credit for my work
Bonus and Positive Feedback gratefully accepted!
THIS IS FOR INFORMATION ONLY. NO ATTORNEY-CLIENT RELATIONSHIP EXISTS. PLEASE CONSULT A LAWYER IN YOUR STATE FOR LEGAL ADVICE