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After being discharged from a Chapter 7 bankruptcy, you are generally allowed to keep any assets acquired after the discharge, including lottery winnings. However, you should be cautious, as the winnings may affect any ongoing obligations, such as child support or certain taxes. It’s also advisable to consult with a bankruptcy attorney to understand how your newfound wealth might impact any future financial decisions or potential legal considerations.

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4w ago

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Related Questions

How long does it take for the accounts to come off your credit report after being discharged from bankruptcy chapter seven?

Never


Can a car company withhold the title after recovering your car from being repossessed and then take the car two weeks after you are discharged from chapter 13 without giving you a chance to pay?

KEYWORD "DISCHARGED"


Can you file a chapter 7 bankruptcy and a chapter 13 bankruptcy?

not at the same time, and you'll have to wait a certain period of time after being dismissed/discharged from one before filing the other.


How can you get your chapter 7 bankruptcy off your credit report?

It should rotate off of your credit report about 7 years after being discharged. It cannot be removed.


In chapter 7 bankruptcies is closed without discharge the same ad being dismissed?

No. Dismissed is essentially incomplete - no resolution...discharged is completed and closed.


How should an obligation that is discharged in a Chapter 7 Bankruptcy be reflected in a subsequent credit report?

The debt should be identified as being in bankruptcy or discharged in bankruptcy. It will remain on the list for 7 years. The bankruptcy will remain on the report for 10 years.


What happens in lord of the flies chapter 7?

What is discouraging Ralph in regard to being rescued?


If a gay soldier is discharged due to their orientation what happens under the federal anti-discrimination act?

No one can be discharged from the U.S. military for being gay. "Don't Ask Don't Tell" was overturned on Sept 20, 2011.


If you get discharged from active duty army under chapter 14-12c can you get back into the military?

If you receive a RE-1 or 2 your chances are good, but keep in mind the military is being reduced. RE-3 will require a waiver, very hard to get. RE-4, you'll have better luck winning the lottery, in clear terms, no chance.


If a chapter 13 bankruptcy has not been discharged can a creditor be added?

The bankruptcy is not discharged, the debts are. A creditor can be added if the plan is not too far along or if you have the excess income to pay whatever the creditors are being paid (percent of debt) for the balance of the plan. If it is a post-filing debt, it cannot be added.


Could you change your chapter 7 to chapter 13 after being discharged?

Sometimes Chapter 13 debtors need or want to convert their bankruptcy case from a Chapter 13 to a Chapter 7 bankruptcy. And sometimes the bankruptcy court will force you to convert from Chapter 13 to Chapter 7 - this is often called a "forced conversion." The reasons for conversions vary. For the most part, if you are instigating the conversion, you have a right to convert your case. But that doesn't always mean you'll qualify for Chapter 7 relief.


Australia Lottery name of winner?

There is a scam being operated that makes mention of the Australian lottery. There is no such thing, as lottery's in Australia are run by the states