If the person in bankruptcy is entitled to a standard inheritance or receives winnings from a lottery or similar activity, these funds become part of their bankrupt estate.

Therefore, the person is not entitled to keep them. For a person to be discharged from bankruptcy after paying all of their debts in full, three things must be taken into consideration and paid for fully. These include all of the debts incurred at the time of bankruptcy, any interest on interest bearing debts, as well as all associated costs and disbursements of the bankrupt estate.

If the funds received are equal to or exceed these amounts, the bankruptcy trustee will pay them, and the person’s bankruptcy will be considered to be over from the date of the last payment.