| If you move out of state, you will have to wait 6 months to meet the residency requirements to file in the new state. Any transfer of property for up to a year before you file can be seen as a fraudulent conveyance, so you need to be careful. If the move was necessary, then selling the house likely wouldn't be questioned. If you're going to buy another house, you'd better do it BEFORE you file, otherwise it'll be a few years before you can again.
You can do all that you mentioned, but you really should wait at least 6-12 months afterwards before you file. Using the profits to pay for school and other non-necessities and NOT paying your creditors won't look good.
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"Knowledge is Power - use it as you see fit !
I am not a lawyer or a member of the legal profession. My advice is based on research and experience, my own and others, some who practice law. You decide for yourself what actions you do or do not take from my advice.
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05-14-2003, 12:48 PM
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