A snapshot of my 341 today

[gophermn]

Well I had the 341 meeting and my stomach was in knots that night and the morning. I felt like I was driving to the “big house” on the way to see the Trustee.

First let me say the 342 will last anywhere from 5 – 10 minutes. If you are one of the lucky ones you get to listen to all the questions. I however was called #1 so that didn’t help much. All I did was answer Yes-No and that’s on about 95% of the questions. Pretty easy.

What scares me and maybe someone can answer this is why did the trustee NOT take any of my paperwork? I had my bank statements, payroll, 401K, 2007 taxes and he didn’t want any of it. Does this mean I am already listed as an Abuse Case? That kinda freaked me out. I had everything for him so I am somewhat concerned.

I will list some of the questions I was asked by the Trustee. And keep in mind I had a rental house so some questions might not pertain to you.

• State you name and address.
• Do you have proof of your social security number? (I had to show him a W2).
• Have you signed the petition?
• Did you understand the petition?
• Did you read the bankruptcy letter? This was a letter they asked you to read before the meeting.
• Are all you creditors listed on the petition?
• Have you made any payments after the date of filing to the creditors?
• Are there any creditors in the courtroom? There were none thank god.
• What is your primary residence?
• What is the Property Tax Assessed value?
• What is the property value? Here I gave him the appraisal I did in 2005.
• How did you come to these numbers? I basically told him from a licensed appraisal company and comps in the area.
• If we sold the house today would it be worth the loan amount? LOLOL are you kidding in today’s market. Right buddy.
• Are you current via mortgage payments on you property?
• Then he asked the same questions about my rental and if it was in foreclosure?
• Do you owe anybody money?
• Do you have any assets coming in over $500.00.
• Have you filed your 2007 taxes? I said yes.
• Did you receive a refund? I said no.
• How much will you be receiving?
• Do you own your car? This is where I messed up because the Trustee was asking about owning and I said yes, whereas I should have said it is a lease. My attorney corrected us both. Whew!!
• Do you anymore automobiles?

I now graduated to the 60Day club and as my attorney said before we left, You don’t want to hear from me. Overall I and my attorney were happy.

Hope this helped you all!!

[FreshLikeADaisy]

YAAAAAAAY!!!!!

I don't think you have anything to worry about. If the trustee had wanted those docs he would have asked for them. Keep in mind that he has more than your docs to rely on when it comes to appraising your property, such as property records, tax rolls, and the like. No worries, it's not an abuse case unless your atty suddenly hears from him, and from what you said it doesn't sound as though your atty thinks it's anything other than a done deal.

So fire up that stogie, dude, and pop the cap on the bubbly!

[gophermn]

YAAAAAAAY!!!!!

I don't think you have anything to worry about. If the trustee had wanted those docs he would have asked for them. Keep in mind that he has more than your docs to rely on when it comes to appraising your property, such as property records, tax rolls, and the like. No worries, it's not an abuse case unless your atty suddenly hears from him, and from what you said it doesn't sound as though your atty thinks it's anything other than a done deal.

So fire up that stogie, dude, and pop the cap on the bubbly!

ROFL - You better believe I will Thank you for writing back.

[epiphany]

Thanks for sharing all that Gopher...it helps to read other's experiences.

I would think that the trustee not wanting all that paperwork would be a good sign. Logic tells me that if there were a presumption of abuse, he would have wanted everything under the sun.

Now, go do as Flad says....celebrate!

EP

[cirnrab]

Congrats on being in the 60 Day Club! Let's hope I'm inducted too next week

[PaKettle]

I don't think there is anything to worry about. If there was any problem the trustee would have asked for some paper work. Pacer will probably show "no asset" case some time next week.

[gophermn]

Thanks all - I can indeed see at this point why you would want to check PACER everyday. I will try to be good and check it once or twice a week.

60 day club woohoo!! PaKettle they might have to do a new club for you. Aren't ya close to 80? I am still praying for ya!

[pa308]

Congrats Gopher. I love that you shared the questions that were actually asked of you!