Parents are in CH 13 and selling house. BK attorney said they can only exempt (gift to me) $30K of the profit of $80K. Why?

There are so many factors that could go into the attorney's advice. The best way to get an answer is to ask him, as suggested by other counsel.

Did your bankruptcy get dismissed or did you get a discharge? Your question is confusing. The answers you have received are conflicting because...

Bankruptcy/Covid: Is it too late to extend your ch 13 Plan to 84 months under the Cares Act??

You should be discussing this with your attorney. The CARES Act provision regarding extension of chapter 13 plans provides 1 year from date of...

Is there precedent for a court ordering a trustee to take a better offer on a house sale?

I believe you already asked this question. If so, I also believe this is not a bankruptcy question, but is a Trust litigation question. If in...

You selected bankruptcy, but I believe you are inquiring about a family trust and the Trustee's potential malfeasance. You really need to call a...

Have you asked your bankruptcy attorney? He should be able to provide you with guidance as he is familiar with your case. If you didn't file with...

Without knowing all of the facts, the most basic answer is "It depends." You say the parent company filed chapter 7. Is the company you did...

There is too much missing information. What was the check for? How much was the check and did you exempt it, or have an exemption to cover it? ...

There are way too many moving parts here. The most simplistic answer is: the plan must run for at least 3 years (or 5 if your income requires it)...

If you are filing a personal bankruptcy, you list your SSN. Whether you list the EIN depends upon the purpose of the EIN. I suggest you sit down...