How much money are we talking about? Under $1,000? Under $2,000? A lot more? Can your friend repay this money without causing significant hardship to himself/his family? If we are talking about a small amount of money ($1,000 or less), I would suggest to disclose the Bitcoin sale and cash transfer....

This is the only interpretation which makes sense. Legally, the house remains the property of the debtor for tax and liability purposes until the moment a sale takes place, and the deed is transferred to the buyer. In this context, the idea of the debtor paying "rent" to the trustee simply...

Is there any legal precedent for a panel trustee expecting a debtor to pay "rent" for the "privilege" of continuing to live in his house until it is sold? I have never heard of such a thing, and am really struggling to see the legality of this. For one thing, this type of argument,...

I suspect your bankruptcy trustee would treat these funds as a tax refund, and expect you to turn over any amount which exceeds your exemptions. Therefore, unless you are facing immediate action--such as foreclosure, eviction, or repossession--the smart thing to do is wait to declare bankruptcy until...