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Rules for earning income after a chapter 7 discharge

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    #16
    actually, i believe i read they will go after lottery winnings too. maybe someone else can verify. inheritances and lawsuit proceeds are fair game.

    Originally posted by fltoo View Post
    You can make a million dollars, even win the lottery, and no one can touch it.

    Some things are available to them, inheritances for one, and can't remember exactly what the other one is now. Someone with a better memory than mine will chime in soon.

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      #17
      Originally posted by ApresMoi View Post
      actually, i believe i read they will go after lottery winnings too. maybe someone else can verify. inheritances and lawsuit proceeds are fair game.
      I don't know why the lottery myth keeps getting perpetuated, but I understand that it's still out there.

      They can NOT go after lottery winnings that you became entitled to after the date you filed (period). They also can NOT go after any other windfall post-filing. The only thing that is property of the estate has to do with inheritances, insurance proceeds and property as part of a dissolution of marriage that becomes the property of the debtor or the debtor becomes entitled to the property, within 180 days of filing.
      Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
      Status: (Auto) Discharged and Closed! 5/10
      Visit My BKForum Blog: justbroke's Blog

      Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.

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        #18
        Originally posted by fltoo View Post
        Want to clarify for readers of this thread, that the above posts refer to after "filing". The OP asked about after "discharge."

        Only the 3 things Just Broke cited are property of the estate within 180 days of "discharge."

        Anything else is yours to keep, including lottery winnings and higher income.
        I think it is after 180 days after filing, not discharge.
        Bobby

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