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A Moral Question

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The fact that a person has filed bankruptcy has long ago shed a negative stigma, for the most part. Let's say that a family becomes overly burdened with a large, oppressive debt, not as a result of reckless, wanton spending, but as a result of a medical emergency and loss of a job. Bankruptcy would be a viable option. If you incurred this debt which was later discharged in the proceedings and you then enjoyed a financial windfall or salvation, such as a lottery prize or inheritance (at least 6 mths after discharge) you could lawfully keep the money free and clear of that previous debt. Would you pay the creditors anyway?

 

How about if you know that you will inherit property of substantial value (a house clear of a mortage, a valuable, prized family possession) and you decide to preemptively file bankruptcy prior to and in anticipation of that inheritance? You discharge your debts. Later on, you inherit something of value. Legally, it is permissible. How do you view this? Right or wrong?

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Wrong. Typical hippie garbage.

The village, which had stood for maybe 1,000 years, didn't know we were coming that day. If they had, they would have run. boB was at the eye of our rage. And through him, our Captain Ahab. He would set things right again. That day, we loved him.

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Wrong. Typical hippie garbage.

 

 

:th:

"Lucky" is a fictional character on the interwebs. Nothing "Lucky" says or does can be or should be construed as a real thought by an actual person. Objects in your rear view mirror may appear to be closer than they actually are.

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I think it's selfish, not unlike imposing your will on a large group, like a committee for instance, for your own personal vendetta's.

 

 

 

its over, you lost.. let it go....but always know that i took it from you :laugh:

"a high percentage of Bernie's posts involve Jim, homosexuality and/or touching children" :naughty:

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If you decided to preemptively file BK to protect the future windfall, you have committed a fraud on the court and your creditors and the discharges would be set aside. And you would very well find yourself criminally liable as well.

 

On first impression, you would think ^^^So. However the Code allows it as long as the inheritance happens more than 6 months after discharge.(The triggering act would be the date of death) Plus, it doesn't fit within the elements of the criminal bankruptcy statutes.

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Quote:

Originally Posted by Cortez The Killie Killer View Post

On first impression, you would think ^^^So. However the Code allows it as long as the inheritance happens more than 6 months after discharge.(The triggering act would be the date of death) Plus, it doesn't fit within the elements of the criminal bankruptcy statutes.



it's moral scumbaggery in my opinion.


Eggy 10-13

LAA 7-14

50-50 2-15

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On first impression, you would think ^^^So. However the Code allows it as long as the inheritance happens more than 6 months after discharge.(The triggering act would be the date of death) Plus, it doesn't fit within the elements of the criminal bankruptcy statutes.

 

I realize that, but your filing still has to be in good faith.

I would ******* LOVE a grave blanket. icon14.gif
 

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