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No. Obviously, if you buy a new Mercedes with cash, or you have hidden money in the name of another for purposes of filing bankruptcy, you will be in trouble. If you inherit significant money or assets, or win a significant lottery amount, property settlement in a divorce or life insurance proceeds as a beneficiary, within 6 months of the discharge, that has to be transferred to the trustee.

Otherwise, you are free to manage your finances as you see fit. Some trustees may pay more attention to chapter 7 discharged debtors' financial activities than others, looking for possible fraud, so pay attention to your local bankruptcy lawyer's advice. I would ask him/her why he gave you that advice.

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Q: My lawyer said i can't change anything about my financial picture for a full year after chapter 7 discharge or else they can make you repay so of your debts. Is that true?
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