Chicago, IL asked in Bankruptcy for Minnesota

Q: If I considering bankruptcy in MN but I have a lawsuit pending will I have to give those winnings up?

I want to buy a car with those lawsuit winnings (if I win) can I keep the car?

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1 Lawyer Answer
Nels Hansen
Nels Hansen
Answered
  • Bankruptcy Lawyer
  • Round Rock, TX

A: This question cannot be answered with the limited information available in your question. Contact a local bankruptcy attorney and schedule a consultation. A local bankruptcy attorney will be able to advise you on bankruptcy exemptions. In other words, the amount of property a person is able to exempt or protect when they file bankruptcy depends on the exemptions they are permitted to use. Where and how long you have lived in an area determines which exemptions you can use. You can search for an attorney using the Justia "Find a Lawyer" link at the top of this page.

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