Personal Bankruptcy Forum

Author:   TJ
Date:   September 30, 2002
Question:  

If I declare bankruptcy but I am anticipating receiving an amount of money from a personal injury claim, does that affect my retaining the amount received from the personal injury claim? Thanks.

 


From:
 

Ann Clarke, Collins Barrow Limited
Date:   September 30, 2002
Answer:   If the settlement is solely for pain and suffering the Trustee cannot attach to the funds. If a portion of the settlement is for loss of property and wages then the Trustee can attach to those funds.

Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca




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