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Bankruptcy

: The Debt Podcast

Must a Chapter 13 Debtor Report Property Received During the Case?

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A chapter 13 case can last up to to five years — a long time.  What happens when the debtor receives a windfall while the chapter 13 case is pending?  What if the debtor wins a $50,000 lottery payout, or inherits an interest in a house owned by a long lost relative?  Is the debtor required [...]

Full post as published by The Debt Podcast on October 08, 2008 (boomark / email).

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