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Bankruptcy Law/Winnings after Bankruptcy

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Question
This is a strange question, BUT, I am from Los Angeles and am in the casting pool of several Network Game Shows. I've never been on one nor won any money. I just filed for bankruptcy. My  meeting of the creditors is in late February and the deadline to file a complaint is April 21.

If I do get asked to be on a gameshow it will be a last minute call. But say I make it to the April 21st deadline with no objections filed from my creditors. If I do get asked to participate on a gameshow in May or after, and I win any money, do my creditors have a claim on those winnings? Basically, I'm asking at what milestone in the process can creditors no longer make a new claim on my assets? (When am I truly free?)  

Answer
As long as you had no rights or entitlement to the winnings on the date you filed your bankruptcy case, the date it was filed is the "milestone" you're looking for.  However, and this is really a separate issue, did you disclose in your bankruptcy petition (probably at the bottom of Schedule "I") that you were in the casting pool?  It may not make a difference, but I could see a creditor or Trustee coming back and claiming that the disclosure should have been made.

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Mark J. Markus- California Bankruptcy Attorney

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Mark J. Markus is a Los Angeles bankruptcy attorney who has practiced exclusively bankruptcy law in California since 1991 and is rated A+ by the Better Business Bureau and is AV-rated by Martindale-Hubbell. He represents debtors, creditors, and Trustees in Chapter 7, Chapter 11, and Chapter 13 of the bankruptcy code throughout California.

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Visit our California bankruptcy webpage at http://www.bklaw.com for more information on bankruptcy in general and Mark J. Markus in particular. Many questions are answered on the web page (hint, hint).
The Markus webpage also contains more information on

  • Which Chapter to File,
  • business bankruptcy,
  • chapter 7 bankruptcy,
  • chapter 11 bankruptcy,
  • chapter 13 bankruptcy,
  • Do You Need a Lawyer to File Bankruptcy?
  • Frequently Asked Bankruptcy Questions

    Also visit our Los Angeles bankruptcy blog for interesting articles and much more.



    Organizations
    Central District Consumer Bankruptcy Attorneys Association (CDCBAA) Los Angeles County Bar Association (LACBA) Commercial Law & Bankruptcy Section of the Los Angeles County Bar Association Financial Lawyers Conference (FLC) National Association of Consumer Bankruptcy Attorneys (NACBA) Los Angeles Bankruptcy Forum (LABF) American Bankruptcy Institute (ABI) San Fernando Valley Bar Association (SFVBA)

    Publications
    Central District Consumer Bankruptcy Attorneys Association Newsletter September 2007 (Vol. 1, Issue 2)

    Education/Credentials
    J.D., University of Arizona 1990. B.A. Economics, California State University, Northridge 1986. For more details please click here

    Awards and Honors
    AV Rated by Martindale-Hubbell (http://www.martindale.com) A+ Rated by Better Business Bureau

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