What Happens If I Win The Lottery While Bankrupt?

RALEIGH — The lottery collected a record $1 million during the past year from prize winners who were also debtors

What Happens If I Win The Lottery While Bankrupt? When you file for bankruptcy, your creditors are repaid with your assets, which may include money from lottery winnings, tax refunds, RRSP

RALEIGH — The lottery collected a record $1 million during the past year from prize winners who were also debtors

can creditors take my lottery money Most importantly, don't make sudden changes; take all the time you need prior to ticket expiration Enjoy your winnings! When do I receive my check? • Claims up

One interesting provision in many state lottery laws provides for the garnishment of prizes to collect various debts, ranging from unpaid taxes to outstanding

canyoneering beta Separate LLCs can also be created for each investment to further shield assets owned by different LLCs from creditors of a single LLC In

How does that affect my bankruptcy? I tell them the purpose of bankruptcy is so that you CAN do those things (I like to joke that if you do win American Idol,