Can I Own Anything After Bankruptcy?
Yes! Many people believe they can not own anything for a period of time after filing
for bankruptcy. This is not true. You can keep your exempt property and anything
you obtain after the bankruptcy is filed. However, if you receive an inheritance,
a property settlement, or life insurance benefits within 180 days after filing for
bankruptcy, that money or property may have to be paid to your creditors if the
property or money is not exempt.