| selling assets whil in bankruptcy? The broad strokes:
Husband and wife file bankruptcy in Mississippi. They file on medical bills and home mortgage. Husband and wife list their joint assets (house, 2 acres land adjoining, 2 vehicles). Husband lists 35 acres of land and farm equipment that was willed to him 6 months prevously. Keep in mind that these "recently inheireted" assets are NOT co-mingled with wife, and are not listed on any loans husband has filed bankruptcy on. Husband is paying about $1000 monthly on this bankruptcy.
Question:
Can the above husband see any part of the inheireted land whil under this bankruptcy? I want to buy some adjoining acreage and husband needs money.
Husband has filed for divorce. Wife has agreed to said divorce. Divorce judge will not grant the divorce UNTIL husband and wife settle ownership of home (that is listed on bankruptcy). Neither person wants the house and would really like to get out from under home.
Can judge MAKE husband sell his inheireted land and give part of sale to wife? It sounds like the judge is ruling that the land is co-mingled, which it is not! |