<prompt> Human: Background; My wife and I between the two of us grossed approx 110,000 per year. Additional we both had second jobs to bring in an extra 1-2K per month to help pay down debt. We were paying bills each month with a couple hundred left over. Enough for some entertainment for our two children. Her employer cut hours in November which lead to about 25 reduction of her income. My wife and I have retained a lawyer to proceed with chapter 13 bankruptcy as we can no longer keep up with minimum payments. We have roughly 50k of debt between credit cards, student loans and medical bills. Additionally we have two car payments and a mortgage. We have not yet filed but have stopped paying our creditors. Still on time and have no missed payments with home and cars. nbsp;Now the inheritance: My grandfather passed away March 24. I was just informed last night that my grandfather had set up a Roth IRA for brother and myself with a payout of 20k. All the taxes have been taken care of on the IRA. Since he has passed away I am now able to received it. I am aware that most if not all of this money will consumed in the bankruptcy should I choose to formally file. nbsp;Where Im looking for help is how to proceed. Is there any way to hide this money? My grandmother is still a beneficiary on the account. Would there be any control that she has to say not allow me to have it. Then she could withdraw that money and transfer it to me in the form of cash?nbsp;Ive read that theres a possibility of moving it to a trust. Then it cannot be touched. nbsp;What if I have no choice but to loose it in the bankruptcy. Should I sit down and see if I can save our selves and pay back our debts with this 20k and avoid bankruptcy?nbsp;Ideally for my situation Id like to hide the inheritance money. File for bankruptcy. Use 5k to help get some other things under control. Set aside the other 15K to invest when its safe to do so. nbsp;edit; YES there was an abuse of spending for the past two years. I did not know the extent of it. I chose to not know where the money was going. THATS my FAULT! I get that. I dont understand much about finances so I trusted my wife to handle it all. If she said we were good or could afford it, I trusted her. again my mistake. YES, I wish I could have help better before this spiraled out of control.EDIT: financial details  <response>: Ideally for my situation Id like to hide the inheritance money. File for bankruptcy. Use 5k to help get some other things under control. Set aside the other 15K to invest when its safe to do so. Sounds immoral to me. You rack up all this debt, dont want to pay it, then you hear your going to set a small inheritance and want to try to hide it? Good luck! 