Clarkston, GA asked in Bankruptcy for Georgia

Q: Im Chapter 13 and my wife isn’t. She’s coming into money. Can we buy land cash and build a home in both our names?

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2 Lawyer Answers
Warren V. Norred
Warren V. Norred
Answered
  • Bankruptcy Lawyer
  • Arlington, TX

A: If your wife is the only one coming into money, then I'd keep it segregated in her account and do with it what you wish. It's very unlikely that you'll have a problem, especially if your C13 plan is confirmed.

Bruce Alexander Minnick agrees with this answer

1 user found this answer helpful

Timothy Denison
Timothy Denison
Answered
  • Bankruptcy Lawyer
  • Louisville, KY

A: Keep the money separate and in your wife’s name for everything you do. You can always acquire the property after your 13 is finished.

1 user found this answer helpful

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