Question about selling whole life insurance policy?

[JustOverBroke]

I have a question about selling a whole life insurance policy while in bankruptcy.

My DW and I will be filing ch7 on Tuesday July 7th I was wondering what would happen if I sold the policy after we filed to have cash on hand just in case something would go wrong.

What will the trustee say about this?
I was told that any money we had would be ours after we file.
Is this the same if we sold this policy?

We don't need the money for anything at this time but a just in case we do need it.

Would a Trustee take it?
Or would it be ours to use as we see fit?

It's not a huge amount by no means but I have had it for many years.

I'm just looking at as something to fall back on should I need it.

[OhioFiler]

I assume you mean redeem it for cash value. Unless you really need the cash I'd not bother.

Hopefully, you've prepared a post-BK budget you can live within.