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Ellen, Attorney
Category: Bankruptcy Law
Satisfied Customers: 36714
Experience:  Bankruptcy Lawyer. Experienced.
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Is it permissible for a relative to give me money prior to

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Is it permissible for a relative to give me money prior to actual discharge of bankruptcy? Filed in April and trustee hearing was concluded in May 2011.

Thank you for your question. I will strive to provide you with legal information to assist you. If my answer is not clear to you, I encourage you to ask me for clarification by using the reply button.

Assets in a bankruptcy are determined as of the date of filing the petition. Therefore your relative can gift you money after filing. That said, it is always safer to wait until discharge rather than risk an investigation
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