My father received a personal settlement but filed bankruptcy a year ago, received a personal settlement claim, can they take that money?
In bankruptcy you are only allowed to keep the first $5,000.00. The rest would have to be turned over to the Chapter 13 Trustee. If he was in a Chapter 7 and he received the money after his discharge, he would be allowed to keep all of it. He should talk to his attorney about this….did he tell his attorney about the settlement before he filed the case??
