Hi everyone, very informative forum. My situation is, we are filing a 13, and we have a bank statement closing in one bank end of December, 2009. Balance in account was $20,000. Attorney said he can protect $11,200. We are trying to come up with the difference in expenditures over and above the norm for the 2 months prior to our filing.(1 week from today). Question is, if we fall short of expenditures and say we have $2000.00 set aside for grandkids I'am sure the trustee will not alow that. Should we go prepared to hand over the $2000.00 cash to trustee at our 341 hearing? Our attorney said it should not be a problem, but to be prepared for questions from the trustee just in case regarding the monies. Thanks for any input, and I have learned alot from this site.
-
-
my trustee did not ask for bank statements, so i suggest you start making small withdrawals ($200 to $300) extra each wk and keep in the house. or even better start an IRA for the difference. -
Thanks for the reply, guess like everyone else just got antsy too soon. After going through expenses for the two to three months. Amazing what you can come up with, now I know why we are in bad shape.Comment
Comment