Duty to of Ch. 13 debtor to disclose postconfirmation inheritance (2
Posted: Mon Jul 22, 2013 10:17 am
Hi all,
What is the duty of a debtor in a confirmed chapter 13 plan to disclose an
inheritance she receives approximately 2 years into the plan?
It appears that under Sec. 1306(a) the new inheritance is property of the
estate, thus the debtor has a duty to amend the schedules and disclose the
inheritance to the trustee. However, under 1327(b) confirmation of the
plan vests property of the estate back to the debtor.
Any consensus here?
Thanks!
*Daniela P. Romero*
*Law Office of Daniela P. Romero, APLC*
*1015 North Lake Ave., Ste. 212*
*Pasadena, CA 91104*
*Tel: (626) 817-2611*
*Fax: (626) 296-6991*
*email: dromerolaw@gmail.com *
*web: www.pasadenabankruptcylaw.com*
The post was migrated from Yahoo.