Legal Question in Bankruptcy in Ohio

Chapter 7

Dear Sir:

In February 2002, I filed chapter 7 in northern ohio. In march my parent

passed away leaving 50 percent to myself and 50 percent to my sister

which includes a house. How do I handle this situation? Will the

trustee seize my 50 percent of the property, which of course would pay

off my debts. What happens to my sister's 50 percent? We do not intend

to sell the house or do I have no choice. My sister not even involved, but

now she is? I am currently living in my parents home and executor of the

estate.

This does seem unfair and has created a difficult situation, because now

I need not be in bankruptcy court. A credit counselor would be

preferred. Is there no way out once you get in? How would you handle

this?

Thank you


Asked on 4/30/02, 12:07 am

1 Answer from Attorneys
Frank Rozanc Frank J. Rozanc, Esq.

Re: Chapter 7

I believe that your bankruptcy is dealt with based on how things are at the time of your petition. If you've already had your 341 meeting, there should be no problem. If not, answer the trustee's questions very carefully.

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Answered on 4/30/02, 9:39 pm


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