Legal Question in Bankruptcy in Nevada
family property & bankruptcy
My siblings and I have a property we inherited from our parents in a different state. If I file for bankruptcy, how will that affect them and the property?
Asked on 11/01/07, 1:05 pm
1 Answer from Attorneys
James Smith
James E. Smith Ltd.
Re: family property & bankruptcy
Your share of the interest in this property is property of the bankruptcy estate. Therefore, the Trustee in bankruptcy has control over your interest and consequently your relatives.
Answered on 11/01/07, 1:39 pm
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