I read the sticky on this ...I think I understand it.
Question is...the exempt assets... Does the trustee somehow "release" those assets while pursuing liquidation of non exempt assets?
Can I proceed to handle my exempt assets as I choose right after discharge? How does the exempt and non exempt assets get separated after discharge?
After discharge...can I give an exempt diamond ring to my daughter for her wedding day? (It was her great grandmothers)?
I do not know how long the trustee will keep the BK open..but my daughter has announced tonight she will marry in January.
Question is...the exempt assets... Does the trustee somehow "release" those assets while pursuing liquidation of non exempt assets?
Can I proceed to handle my exempt assets as I choose right after discharge? How does the exempt and non exempt assets get separated after discharge?
After discharge...can I give an exempt diamond ring to my daughter for her wedding day? (It was her great grandmothers)?
I do not know how long the trustee will keep the BK open..but my daughter has announced tonight she will marry in January.