My trustee needs bank statement for last 6 months. i thought it was very unusually, anyway the problem is I made a payment to my relative which I did not disclose and that transtion is on one of the statement, I am sure trustee will see that transtion. What should I do? I need some help? should I amend that say I forgot to mention that payment. Any suggestion will help me.
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How much ?
My trustee needs bank statement for last 6 months. i thought it was very unusually, anyway the problem is I made a payment to my relative which I did not disclose and that transtion is on one of the statement, I am sure trustee will see that transtion. What should I do? I need some help? should I amend that say I forgot to mention that payment. Any suggestion will help me.
How much was the payment for ? More than $600 ??? Was it a check specifically written to that relative ? Well, you could always say you overlooked it, worst comes to worst the Trustee will seek that payment back from your relative. I had a $700 withdrawal on one of my statements, I noticed it was highlighted when the Trustee was looking through his papers, he never mentioned anything at the 341 meeting, but it was pretty obvious why the money and where the money was withdrawn FROM (at a casino).
Best of Luck , CMIYC
The keyword, "oh my gosh, I overlooked THAT!" (( Maybe the Trustee just might "overlook it," so don't remind him/her unless it is brought up!")) I didn't question why the Trustee highlighted that big withdrawal I figure it is up to him to ask me, and for me not to question or remind him.July 2006: Filed Ch13 :blink:
Oct 2006: Converted to Ch7 :clapping:
Jan 2007: DISCHARGED :clapping:
Nov 2007: CLOSED :yahoo::yahoo::yahoo: -
it was amount of $4000 and yes check is written to relative name.Comment
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Wow - I hate to say this
but I think you are in trouble. That is a LOT of money not to disclose. And here I am worried about a $300 payment I made to my mom. That is a lot of money to just "oops, forgot". You better ask your attorney what the next step is.Comment
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Yep. I'd have to agree.Originally posted by sofarindebt View Post
When the Trustee goes thru your bank statements, the, "Oh, Yeah. I forgot about that." might, or might not get you off.
But it won't get your relative off. The Trustee will probably go after that $4K. Your relative should be prepared to cough up the cash.Filed Ch 7 - 09/06
Discharged - 12/2006
Officially Declared No Asset - 03/2007
Closed - 04/2007
I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.
Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...Comment
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I concur with "Sink" and "SoFar" .. WOW !
Best of Luck to you ! CMIYCJuly 2006: Filed Ch13 :blink:
Oct 2006: Converted to Ch7 :clapping:
Jan 2007: DISCHARGED :clapping:
Nov 2007: CLOSED :yahoo::yahoo::yahoo:Comment
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problem is i got bad advice, my lawyer said if you can get the money back then dont have to disclose this amount but now he is saying something else sine trustee asked for bank statements. but anyway i have to explain why i did that, i hope mr trustee understands.Comment
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