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    "investigating the possibility of assets"

    Ugh! My 90 days was up on the 8/13 for Ch7. I emailed my lawyer to see about my discharge and he stated their investigating the possibility of assets. What does this mean??? Need I worry?? He said I'd be discharged soon and nothing needed to be done at this time.

    #2
    Originally posted by Rbs View Post
    Ugh! My 90 days was up on the 8/13 for Ch7. I emailed my lawyer to see about my discharge and he stated their investigating the possibility of assets. What does this mean??? Need I worry?? He said I'd be discharged soon and nothing needed to be done at this time.
    Until you know what the investigation shows, there isn't anything you can do. It's also possible that your case may have been the 1 in every 250 cases that was selected at random for an audit too.

    Stay in touch with your lawyer and if you have a PACER account, you can check there to see what's being posted for your case by the trustee for yourself. If you don't know what PACER is, ask here and we'll explain how to use it to keep track of your own case through the online US courts register.
    I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.

    06/01/06 - Filed Ch 13
    06/28/06 - 341 Meeting
    07/18/06 - Confirmation Hearing - not confirmed, 3 objections
    10/05/06 - Hearing to resolve 2 trustee objections
    01/24/07 - Judge dismisses mortgage company objection
    09/27/07 - Confirmed at last!
    06/10/11 - Trustee confirms all payments made
    08/10/11 - DISCHARGED !

    10/02/11 - CASE CLOSED
    Countdown: 60 months paid, 0 months to go

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      #3
      Originally posted by Rbs View Post
      Ugh! My 90 days was up on the 8/13 for Ch7. I emailed my lawyer to see about my discharge and he stated their investigating the possibility of assets. What does this mean??? Need I worry?? He said I'd be discharged soon and nothing needed to be done at this time.
      Do you have any assets?

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        #4
        No assets, just a home with no equity and a car

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          #5
          Lrprn is right, you may be the "lucky" 250 that got audit. However, from what I understand when you have property then they tend to look deeply into your case oppose to those without property. I am surprised, the market sucks right now, most people do not have much if any equity in their homes anymore.
          Success is reachable, stretch out your arm and grab it.

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