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Padgett & Robertson

Lawyer at Padgett and Robertson

The Impact of Bankruptcy on Inherited Assets in Alabama Before you file for bankruptcy, it’s important to understand how inherited assets—like property, money, or valuables—could be affected. In our latest blog post, Padgett & Robertson explains what every Alabama resident needs to know about how inherited assets are treated under both Chapter 7 and Chapter 13 bankruptcy. Learn about the 180-day rule, exemption strategies, and how to protect your inheritance from liquidation or increased repayment demands. The Impact of Bankruptcy on Inherited Assets in Alabama Whether you’ve already inherited assets or expect to soon, this guide is essential reading before making any financial...

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