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Jacobson lives! $100k in cash lost to the trustee in Idaho
Manage episode 313978123 series 3288514
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Idaho. Debtors sell house while they're in bankruptcy, but fail to follow the Idaho exemption regime which required them to reinvest the money in a new homestead within a year. Trustee comes calling, a few appeals later, and we end up with McAllister v. Wells in the Ninth Circuit.
Even the panel notes just how controversial this is. Let's get into it!
Also, please reach out to me! I’m actively looking for new bankruptcy clients, especially challenging cases, adversaries, or contested matters. While I’m only licensed in California and can only give legal advice to California clients, I’d love to hear your story or know if I can help some other way.
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