I sold my hot tub for $3100 this past weekend since we needed the money to make ends meet. I plan on using the money to buy groceries, gas, and keep the lights on at home. I don't plan on using the money for fun stuff. I am planning on filing CH 13 in 4 months. How will the trustee view this? If I can prove that I used the money on necessities will there be any problem?
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Filed 9/01/2009
341 Scheduled for 10/29/2009 (Smooth
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Trustee Report of No Distributions 10/30/2009
Actual Discharge 1/12/2010
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You will be fine....Filed CH 7 9/30/2008
Discharged Jan 5, 2009! Closed Jan 18, 2009
I am not an attorney. None of my advice is legal advice in any way.. -
I agree with StartinOver08. However, I'd say if you could use that money to pay your mortgage, you may be better off. That way, when the trustee says "What did you do with the money?" You can say "I paid the mortgage".Comment
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The trustee will be concerned about preferential payments and luxury purchases only. keep reciepts if these purchases did not go through your checking account.Comment
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