All Forums  archive  Forum Questions  I own $28,000 in stock I received from a trust.

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by isa.01[/i] [br]I own $28,000 in stock I received from a trust. The cost base for the stock is $.13, The value is $2.70 a a share. If I file bankrupcy what will happen to this stock? Should I sell it myself now and put it toward my debts. Which it would only be a drop in the bucket of my debt.I also owe IRS on stocksI was forced to sell because of margin balance and drop in price of stock. I don't know what to do. It seems I will be forced to file bankruptcy. Please help. [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.