Legal Question in Bankruptcy in Illinois

My wife and I were discharged from chapter 7 over 3 months ago. I reaffirmed my home mortgage. If I sell my home, how much profit from the sale are we entitled to keep.


Asked on 7/10/10, 10:12 pm

1 Answer from Attorneys

Caroline Palmer Law firm of Caroline Palmer

If your bankruptcy is over and your debts have been discharged by the court then you keep all of the profit from the sale.

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Answered on 7/11/10, 7:23 am


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