Legal Question in Bankruptcy in Alabama

I've filed chapter 13 bankruptcy - 3 months ago. I have some whole life insurance I would like to cash out. Does that go to the court or is it under my control?

Asked on 7/30/13, 4:06 pm

1 Answer from Attorneys

Charles Andersen Charles Andersen, Atty

It is considered income in a chapter 13 case, even though it may be traceable to an exempt source.

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Answered on 7/30/13, 7:03 pm

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