QUESTION
I filed for bankruptcy-Chaper 7, if my mother moves in with me so I can be her caregiver do her assets become part of my bankruptcy filing?
Asked on Mar 26th, 2015 on Bankruptcy - California
More details to this question:
My mother has dmentia and is living at an assisted living facility but never leaves her apartment. I want to move her into an apartment with me but I am concerned since I filed for Chapter 7 that her assets could then be included in my bankruptcy filing.
1 ANSWER
Bankruptcy Attorney serving Burbank, CA
Partner at
Law Office of Mark J. Markus
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3 Awards
Your assets are fixed as of the date your Chapter 7 case is filed. If you acquire assets after, they are not part of the bankruptcy estate unless purchased with existing assets.
In any event, I don't see how your mother's property becomes yours.
Answered on Mar 27th, 2015 at 2:52 PM