Timing is everything.

• Author: Mitchell, Teresa
• Position: Bench press - Bankruptcy of Steven Sindaco 2003 BCSC 1396 - Brief Article

Steven Sindaco declared bankruptcy 1997: He was still an undischarged bankrupt in November 2002 when he won $500,000 in a lottery. Justice Patterson of the BC Supreme Court ruled that the lottery windfall was "after-acquired" property under the Bankruptcy and Insolvency Act, defined as "all property wherever situated of the bankrupt at the date of his bankruptcy or that may be acquired by or devolved on him before his discharge"(property acquired after...