Does Bankruptcy Affect a Life Insurance Policy?

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Does Bankruptcy Affect a Life Insurance Policy? – This is a place for the community to provide tips and advice on Does Bankruptcy Affect a Life Insurance Policy?. This topic was created by Mitchell Weinstock and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Can I Keep Insurance Proceeds in Chapter 7 Bankruptcy? | Nolo.com

Published: 9 years, 4 month(s) ago | Submitted by Mike Mikkelson | permalink

Find out if you can keep money you get from a life insurance or accident insurance policy in Chapter 7 bankruptcy.

For further reading: http://www.nolo.com/legal-encyclopedia/can-i-keep-insurance-proceeds-chapter-7-bankruptcy.html ^[1]

Tip 2 - How would declaring bankruptcy affecting my life insurance policy?

Published: 9 years, 4 month(s) ago | Submitted by Matthijs Mollema | permalink

Tags: life insurance

For further reading: https://usinsuranceagents.com/answers/2553/would-declaring-bankruptcy-affecting-life-insurance-policy ^[2]

Tip 3 - Does bankruptcy affect my life insurance policy?

Published: 9 years, 4 month(s) ago | Submitted by Kristin Willi | permalink

When a person declares bankruptcy, certain assets are protected. The individual's life insurance is one that may be protected by law. (The p

For further reading: http://www.insuranceproviders.com/bankruptcy-affect-life-insurance ^[3]

Tip 4 - What Happens If I Get Life Insurance Benefits After I Filed Bankruptcy?

Published: 9 years, 4 month(s) ago | Submitted by SBPOCAU | permalink

In determining what happens to life insurance proceeds in a bankruptcy filing, the first and most important question is whether you are filing a Chapter 7 bankruptcy or a Chapter 13 bankruptcy.
Tags: Life insurance proceeds, Chapter 7 bankruptcy exemptions, Federal bankruptcy exemptions, State bankruptcy exemptions, Chapter 7 bankruptcy lawyer

For further reading: http://bankruptcy-law.freeadvice.com/bankruptcy-law/consumer_bankruptcy/relative_death_bankruptcy.htm ^[4]