Yes, burial plots located in one state can be taken by the bankruptcy trustee, in a chapter 7 bankruptcy, if the debtor does not have the ability to cover the debts and there is no exemption that covers the asset in question. The fact that the asset, in this case burial plots, are located in another state has no bearing on the issue. Bankruptcy is federal law and is covered by all states in the country. So if you are property located in one state and file bankruptcy in another state, the property located in the state you are not filing and is still subject to the bankruptcy that you filed in your state of residence.
I have responded to your inquiry according to the laws of Massachusetts, where my firm is located. Laws can vary significantly from state to state and cases tend to be rather fact-specific, so you are best served by consulting with a knowledgeable attorney in weighing your options.
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Joseph F. Botelho, Esq. BOTELHO LAW GROUP Attorneys At Law http://fallriverbankruptcyattorney.com/ 901 Eastern Ave. Unit 2 Fall River, MA 02723 Office: 888-269-0688 FAX: 877-475-8147
Answered on Apr 03rd, 2014 at 12:49 PM