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cfortunato
cfortunato, Attorney
Category: Bankruptcy Law
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Experience:  Bankruptcy professor.
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If a debtor has a law suite pending for an auto accident where

Resolved Question:

If a debtor has a law suite pending for an auto accident where she stands to settle the case and receive approximately $30,000 how would this be treated in a chapter 7 BK. She has not reached settlement as of yet and the case has been going on for 6 years.
Submitted: 4 years ago.
Category: Bankruptcy Law
Expert:  cfortunato replied 4 years ago.

cfortunato :

Hi JACustomer,

cfortunato :

Has this debtor lived in Florida continuously for the past 2 years?

Customer:

yes

cfortunato :
cfortunato :

The entire award would become part of the Bankruptcy estate - whenever she receives it - even if it is received years after the Chapter 7 case is filed.


 

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