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    Relocation

    Looking for some advice. My husbands job is relocating him to another state. We filed ch 13 and the plan was confirmed 9/05. Since we are relocating I need to sell our home in order to purchase a new home in Texas. We have not been in our plan 1 year yet and are getting around $20,000 back from the sell. I know I have to let the trustee know about the sell, but can I keep the $20,000 to put towards the purchase of my new home or will the trustee take some of the proceeds towards the plan? Also, how difficult is it to get a new home while still in bankruptcy?

    Any help is greatly appreciated!

    Spiffy

    #2
    Good question, you need to work things out with the trustee. You might not be able to keep it all, but you should be allowed to at least keep whatever amount is exempt in your state.
    Chapter 13 Filed 4/03/06 :blink: 341 Meeting Complete 5/11/06 :yes2:
    Plan Confirmation 6/16/06 :yahoo:
    Discharged: 1/5/2010 :yahoo::yahoo::yahoo::yahoo:

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