Hello All,
I have just filed on March 7th 2008 and my meeting with the Trustee is on April 1st. I have a small business that is being dissolved also.
I had sold quite a bit of my sporting goods in Oct, Nov, Dec and the beginning of Jan on Ebay. All of the sales were less than what I payed for them originally. When contacting the IRS they said because there was no profit I did not have to claim it as income.
The money went into my PayPal account. I was able to withdraw money and pay for things with my PayPal debit card.
I did not include my PayPal account on my paperwork as I would fail the means test most likely and a Chapter 7 is the only way out for me after my divorce.
Will this account show up somewhere? I did one transfer from the PayPal account to my personal account in September but I was not asked for my personal checking account statements just my business ones.
Thanks for your help.
I have just filed on March 7th 2008 and my meeting with the Trustee is on April 1st. I have a small business that is being dissolved also.
I had sold quite a bit of my sporting goods in Oct, Nov, Dec and the beginning of Jan on Ebay. All of the sales were less than what I payed for them originally. When contacting the IRS they said because there was no profit I did not have to claim it as income.
The money went into my PayPal account. I was able to withdraw money and pay for things with my PayPal debit card.
I did not include my PayPal account on my paperwork as I would fail the means test most likely and a Chapter 7 is the only way out for me after my divorce.
Will this account show up somewhere? I did one transfer from the PayPal account to my personal account in September but I was not asked for my personal checking account statements just my business ones.
Thanks for your help.
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