Legal Question in Bankruptcy in Alabama
I've filed chapter 13 bankruptcy - 3 months ago. I have some whole life insurance I would like to cash out. Does that go to the court or is it under my control?
Asked on 7/30/13, 4:06 pm
1 Answer from Attorneys
Charles Andersen
Charles Andersen, Atty
It is considered income in a chapter 13 case, even though it may be traceable to an exempt source. http://www.absolutebankruptcy.org/Chapter_7_Objections.htm
Answered on 7/30/13, 7:03 pm
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