Legal Question in Bankruptcy in New York
After Discharge
What happens after you are discharged? What if I receive money from retirement bonus after my discharge?
Asked on 4/23/06, 2:38 pm
1 Answer from Attorneys
Nancy Delain
Delain Law Office, PLLC
Re: After Discharge
A bankruptcy discharge is nothing more than a court order saying to your creditors that they are no longer allowed to go after you in collections. There is a lookback period for windfalls; if you win the lottery within the lookback period, you'd have to renegotiate your discharge, for example.
Retirement bonuses are not generally considered to be windfalls.
This information is general in nature and should not be construed as legal advice. For advice specific to your situation, consult your attorney.
Answered on 4/24/06, 12:24 pm
Related Questions & Answers
-
Frozen checking account I went bankrupt over 10 years ago and now a collection... Asked 4/18/06, 2:41 pm in United States New York Bankruptcy Law