I’m going to file bankruptcy I have paid my attorney and filled out my paper work but not filed yet. This consists of about 70K in credit card debt and 230K house foreclosure.
I just received word that a family friend passed away and left me and my two children each around 85K and a 25 acre lot in a very remote section of the AZ mountains that will be divided 7 ways when sold valued at 50K but the children’s money will remain in a trust until they are 21.
I need the protection of the bankruptcy but I also need the money.
I have not a single asset just a 200 Saturn with 17800.00 miles on it and a take home income of 33k a year.
What are my rights for keeping the money and flying for bankruptcy?