Filed chapter 13 one year ago and kept the house. What happens if we
move and have to sell home? Does all the money go to creditors? Do we
get to keep any of the profit? Expect to get about $25,000 profit.

Would it make sense to convert to Chapter 7 at that point (can you?)

It depends on the details of your case. Generally, you have to
obtain court approval for the sale, and tell the court how the
proceeds will be applied. It is often proposed that the balance
due under the Chapter 13 be paid to the trustee, with the debtor
receiving the rest.

Speak with your attorney for more details.

--
Brett

************************************************** ***************
* Personal Injury/Malpractice Bankruptcy *
* *
* BRETT WEISS, P.C. *
* Attorneys at Law *
* Maryland, D.C. and Federal Bars *
* lawyer@erols.com *
* http://www.erols.com/lawyer *
* *
* Small Business Estates & Estate Planning *
************************************************** ***************

The Small Print: This response is for discussion purposes only.
It isn't meant to be legal advice and you shouldn't treat it as
such. If you want legal advice, speak with a local lawyer
familiar with your state's laws who can review *all* of the facts
and the law applicable to your situation.
************************************************** ***************


"termina1" <glassmartinez1@netscape.net> wrote in message
news:258fe713.0308090805.5e44e62b@posting.google.c om... Filed chapter 13 one year ago and kept the house. What happens
if we move and have to sell home? Does all the money go to
creditors? Do we get to keep any of the profit? Expect to get about $25,000
profit. Would it make sense to convert to Chapter 7 at that point (can
you?)