5 ms·
What happens if you sell it, say, a year after filing for bankruptcy? Can you keep the cash?
by mwerty 7y ago
What happens if you sell it, say, a year after filing for bankruptcy? Can you keep the cash?
- toomuchtodo 7y agoNo. There is some nuance, but the proceeds must be used in a reasonable amount of time to purchase another protected primary residence. http://www.gibblaw.com/are-the-proceeds-from-sale-of-homestead-property-protected-from-judgment-creditors/ http://www.gibblaw.com/are-the-proceeds-from-sale-of-homeste...