Legal Question in Bankruptcy in Nevada

Primary residence after bankruptcy

After bankruptcy discharge do I have to let the trustee know I am selling my primary residence? It has only been three months since my discharge and I have a profit in my residence. For some reason I remember reading or being told that if I have any material change in my financial condition I have to let them know.

Thank you


Asked on 3/23/04, 2:40 pm

2 Answers from Attorneys

James Smith James E. Smith Ltd.

Re: Primary residence after bankruptcy

You do not have to report this to the Trustee after your discharge unless you agreed to do otherwise. Your equity is exempt anyways.

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Answered on 3/23/04, 2:52 pm

Selling Home (Primary residence) after bankruptcy discharge received

Since the Bankruptcy Court sometimes continues to process your case even after your Discharge is granted, you should file a "Notice of Change of Address" with the Clerk's office. That is probably what you remember your Trustee telling you. (Was is Ms Weinstein or Mr Leonard?) BTW, your Discharge can be revoked by the Court if you did not do all the things your Trustee required. That is why is is never a good idea to represent yourself - it is too easy to make mistakes for which you can pay an enormous price.

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Answered on 3/23/04, 5:31 pm


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