Legal Question in Bankruptcy in Illinois

Re: bankruptcy

If you inherit anything during the bankruptcy, you are required by the trustee to report the inheritance. Typically this is because the trustee will have you turn it over to pay off creditors. The trustee will typically tell you at the first meeting of creditors that you must inform them of any windfalls, ie. inheritance or lottery in the next 6 months.

Re: bankruptcy

You have to disclose any potential inheritances within 6 months of getting your discharge. You do not have to receive the funds in that time, but just if you are on notice that someone passed , you should contact your lawyer and the trustee with the relevant information.

Your attorney would file any necessary amendments to protect whatever they can, then the rest is subject to liquidation to pay your creditors.