Bankruptcy Law Questions? Ask a Bankruptcy Lawyer.
yes and thank you..
hi again, I would like to ask you a question.
If the trustee on the bankruptcy case does take a settlement from my daughter will the settlement end at this point..Will I no longer have any obligations to repay or have any more letters coming from the trustee and do you think the settlement can be negotiated? I am scheduled monday for a heart cath///I think all this woring is killing me..thanks m. .
That is correct. If the trustee accepts a settlement amount from your daughter to pay what he thinks is the value of your life estate, then that will be the end of his involvement with your life estate. In other words, he would then not be able to sell the life estate to anyone else, as your daughter will then own it.
should we try to negotiate ? I don't know if there is a real good market for the trustee / my health concerns..what you reason a value for this settlement...I have nothing and my daughter has a lot of obligations herself.. thanks m