{"id":4794,"date":"2019-11-29T09:00:52","date_gmt":"2019-11-29T14:00:52","guid":{"rendered":"http:\/\/hoorfarlaw.com\/blog\/?p=4794"},"modified":"2019-10-07T13:07:27","modified_gmt":"2019-10-07T18:07:27","slug":"district-judge-says-proceeds-of-exempt-property-retain-exempt-status-in-chapter-7","status":"publish","type":"post","link":"https:\/\/hoorfarlaw.com\/blog\/?p=4794","title":{"rendered":"District Judge Says Proceeds of Exempt Property Retain Exempt Status in Chapter 7"},"content":{"rendered":"\n<p>After filing for chapter 7 bankruptcy, a debtor can sell exempt\nproperty and permanently protect the proceeds from creditors, even if the\ndebtor does not reinvest the proceeds in exempt property within the time limits\nprescribed by state law, bankruptcy and district judges held in Maine. The\nfacts are always important, in this case the debtor owned a home in Maine, a\nstate with a $47,500 homestead exemption.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignleft is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.istockphoto.com\/vectors\/-vector-id544668172?k=6&amp;m=544668172&amp;s=612x612&amp;w=0&amp;h=ru3z8PWGnJ0I1p0NduzhsomQ8zTC-XXY14XpP1lFpKk=\" alt=\"\" width=\"259\" height=\"91\"\/><\/figure><\/div>\n\n\n\n<p>If you would like to speak to an attorney about a real estate\nmatter or bankruptcy, call our law office at 816-524-4949 or visit our website\nat Hoorfarlaw.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After filing for chapter 7 bankruptcy, a debtor can sell exempt property and permanently protect the proceeds from creditors, even if the debtor does not reinvest the proceeds in exempt property within the time limits prescribed by state law, bankruptcy &hellip; <a href=\"https:\/\/hoorfarlaw.com\/blog\/?p=4794\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4794","post","type-post","status-publish","format-standard","hentry","category-general"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4794"}],"version-history":[{"count":1,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4794\/revisions"}],"predecessor-version":[{"id":4795,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4794\/revisions\/4795"}],"wp:attachment":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}