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Car Accident Settlement Payment In Chapter 13

Discuss the legalities of Bankruptcy Law

Car Accident Settlement Payment In Chapter 13

Postby washington » Sun Dec 15, 2013 2:12 am

My query demands bankruptcy in the state of: OHIO
I was in a auto accident back in Dec. 2007, the insurance organization is ready to settlement with me for a very good sum of funds. I am 1 1/2 years into a 3 year Chapter 13 case. My query is can the Chapter Trustee take all of my settlement funds?
washington
 
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Car Accident Settlement Payment In Chapter 13

Postby ingel » Sun Dec 15, 2013 11:28 am

If you have not at the moment carried out so, you want to inform your bankruptcy lawyer of this settlement. (no matter how far along you are in your Chapter 13)
The important query is often…is this income regarded to be “disposable income” which you are necessary to turn over to the trustee. Your lawyer can support you figure out this. This depends on numerous components.
ingel
 
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Car Accident Settlement Payment In Chapter 13

Postby nihal » Mon Jan 06, 2014 2:21 am

nihal
 
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