logo

Debtconsolidationcare.com - the USA consumer forum

9-11 award and bankruptcy

Date: Mon, 11/22/2010 - 08:29

Submitted by izzy
on Mon, 11/22/2010 - 08:29

Posts: Credits: [Donate]

Total Replies: 3


after filing chapter 7 bankruptcy in NY, can a 9-11 lawsuit award be garnished


Once a settlement or judgment is paid to an individual, it becomes an asset of that person. In bankruptcy, assets are liquidated, if necessary, and used to pay debts. I would think that the bk court would do this in your case, but if your assets are enough to pay your debts after receiving this aware, you could simply pay your debts.


lrhall41

Submitted by dantheman on Thu, 11/25/2010 - 10:21

( Posts: 860 | Credits: )