Will bankruptcy affect potential settlement?

That would be a no.

That would be a no.

You won't be paid a settlement unless you reopen your bankruptcy to disclose this asset. The party settling this matter will check for a bankruptcy filing by every member of the settlement class. Unless this asset is also exempt, the settlement money will go to paying your creditors, not to you.

You are not providing enough information for a useful response. Did the class action claim arise before you filed the bankruptcy (even if it was not articulated until after you filed)? If so, then you should consult your lawyer, since it is likely that you will need to reopen the case and amend your statement of property and exemptions (Schedules B and C). Even if you do not formally reopen the case, you may well have a duty to notify your case Trustee. If the claim arose (i.e. if the injury or loss occurred) after you filed your bankruptcy case, then it is probably okay not to notify the Trustee. Again, consult your lawyer. Good Luck.

I would have to know the details, was the potential cause of action listed in the possible assets. Did you know of the existence of the claim. Do not answer here, see an attorney.

Usually, class action lawsuits result in little for the victims and millions for the lawyers. So, I wouldn't worry about it.