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Ellen, Attorney
Category: Bankruptcy Law
Satisfied Customers: 36714
Experience:  Bankruptcy Lawyer. Experienced.
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Do I loose mu frequent flyer miles in chapter 7

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Do I loose mu frequent flyer miles in chapter 7

Thank you for your question.

Your frequent flyer miles will be considered an asset of the bankruptcy estate in a chapter 7 bankruptcy. If those miles fall within a personal property exemption, you may retain the miles. The miles do not fall within an exemption, the trustee may claim the frequent flyer miles for the benefit of your creditors
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Customer: replied 6 years ago.
Does this apply to my kids F.F.?
It does not apply to your children's frequent flyer miles. Your children's assets are not included in your Chapter 7 bankruptcy

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