Jacobson lives! $100k in cash lost to the trustee in Idaho
Manage episode 313978123 series 3288514
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!
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