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Bankruptcy Calgary Edmonton Q&A Forum



If someone gives a gift and they files bankrupt can they get the gift back?



Grant Thornton Limited



Oct 15, 2015



Hello, That would depend on many different factors such as when the gift was gifted and what was the value of the gift. The person who files for bankruptcy would disclose the gift to the Trustee and the Trustee would be able to provide a few options on how they may handle the gift. Hope that answers your concern.

Susan Methuen
T 403-310-8888


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