I have 2 questions. I need your help to explain. Thanks
1) I received a life insurance proceed last 15 years ago and I put it in a single member FLP account. What would happen if I file bk chapter 7? Does trustee liquidate it?
2) why the judge did not sign the judgment on the day of judgment hearing? Is that a good sign he might reduces the amount of judgment ?
1) I received a life insurance proceed last 15 years ago and I put it in a single member FLP account. What would happen if I file bk chapter 7? Does trustee liquidate it?
2) why the judge did not sign the judgment on the day of judgment hearing? Is that a good sign he might reduces the amount of judgment ?
Chapter 7: Life Insurance Can Be Protected in Bankruptcy Chapter7
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