First, I am very sorry to hear about your pain and struggles. Having just lost my mother to cancer back in December, my heart goes out to you.
The exemption is determined as of the date of the filing. If the insurance was still in the form of insurance, and it is exempt in your state, and your attorney properly took the exemption, then you will be all set.
Also, since it is now beyond 30 days, if the Trustee did not object to the exemption, he CANNOT object now. Again, you will be all set. This is even if the Trustee had a valid reason to object. In effect, for the Trustee - you snooze, you lose.
The one issue that can arise (which is pretty much moot now that you're beyond the 30 day limit for the Trustee to object to your exemption) is when you *think* that the property is exempt, and it turns out it's not, and you go and start spending it. If the Trustee were to then object to the exemption and win, then you've got a problem because you've gone out and spent property of the estate, which can lead to nondischargeability issues.
But I only point that out to be thorough in the response. Again, you're beyond the limit to object to any claim of exemptions. The Trustee can't do squat. If the Trustee filed the no-asset report in your case then you're really golden because that is tantamount to the Trustee's abandonment of the property, which means you can do what you want with it.
The exemption is determined as of the date of the filing. If the insurance was still in the form of insurance, and it is exempt in your state, and your attorney properly took the exemption, then you will be all set.
Also, since it is now beyond 30 days, if the Trustee did not object to the exemption, he CANNOT object now. Again, you will be all set. This is even if the Trustee had a valid reason to object. In effect, for the Trustee - you snooze, you lose.
The one issue that can arise (which is pretty much moot now that you're beyond the 30 day limit for the Trustee to object to your exemption) is when you *think* that the property is exempt, and it turns out it's not, and you go and start spending it. If the Trustee were to then object to the exemption and win, then you've got a problem because you've gone out and spent property of the estate, which can lead to nondischargeability issues.
But I only point that out to be thorough in the response. Again, you're beyond the limit to object to any claim of exemptions. The Trustee can't do squat. If the Trustee filed the no-asset report in your case then you're really golden because that is tantamount to the Trustee's abandonment of the property, which means you can do what you want with it.
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