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Can I Keep the Money If I Win A Lawsuit After Filing?
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If you file for Chapter 7 bankruptcy, the law of your state will determine whether you can keep the money from a lawsuit—but be prepared to give it up unless your state exemption law specifically says that you can keep the award.
Written by Kristin Turner, Harvard Law Grad.
Updated September 3, 2020
If you file for Chapter 7 bankruptcy, the law of your state will determine whether you can keep the money from a lawsuit—but be prepared to give it up unless your state exemption law specifically says that you can keep the award.
