Assets in trust protected during bankruptcy?

Unfortunately, an accurate answer to your question will require more information, and you should certainly discuss the matter with an estate planning or bankruptcy lawyer before you file.  He or she will need more information about the trust, how it was set up, and in what state. However, I can offer some general information.  Under 11 USC §548(e), the bankruptcy trustee can get around your transfer of property to a qualified asset protection trust if the transfer occurred within 10 years of the bankruptcy filing and certain other criteria are met.  The transfer must have been made by you (the debtor) into a "self-settled" trust, and, most importantly, you must have made the transfer with actual intent to "hinder, delay, or defraud" a creditor. Again, talk to a lawyer.  Besides this issue, you should discuss if bankruptcy is, in fact, the best alternative for dealing with your debt.  Good luck.