Primary residency bancruptcy protection- time frame
Hi guys,
What is the time a person has to live in a primary residency in order for it to be considered primary residency for asset protection purposes?
Lets say a person is thinking they may go through a bankruptcy or foreclosure on a rental or something like that, and lets say there is a paid off property but its a rental. So, lets say this person moves into that rental, how long does this person have to live in that rental in order for a bankruptcy court consider it as a primary residence and have it protected from creditors?
Thank you!