Asked in Bankruptcy and Banking

Q: I have an inheritance from my father in US but I don't know in which bank it's about 10 million dollars

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1 Lawyer Answer
W. J. Winterstein Jr.
PREMIUM
W. J. Winterstein Jr.
Answered
  • Bankruptcy Lawyer
  • Boyertown, PA

A: So, why is this a bankruptcy question?

And in what country do you reside? The venue of a US bankruptcy case is the federal district in which you're resided for the past 180 days, or in which the majority of your assets are situated.

You say nothing about the amount of your outstanding debts, nor whether you are currently in a bankruptcy pending case. In a Chapter 7 case, you are obligated to inform the court, and trustee, if you inherit valuable assets within 6 months of the entry of your Discharge Order. You would likewise be expected to divulge a large inheritance in a Ch. 11 or Ch. 13.

Nor do you say whether your father has died, so that your right to the inheritance has ripened into an enforceable right.

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