My question involves bankruptcy in the state of: Indiana. In October of 2013 my husband and I filed a Chap 13 and have been paying our monthly installments. We still have approx 4 years left to make payments. Last week my husband passed away suddenly at the age of 45. We have 3 children, 1 is 21 and a senior in college, 1 is 15 a freshman in highschool and our youngest is 8. We still aren't sure what amount of life insurance he has. My question is, will the trustee take the life insurance if there is any and how much. I know I am going to have a difficult time financially.
Chapter 13: Spouse Death and Life Insurance During a Chapter 13 Bankruptcy
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