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Another stimulus question....

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    #1

    Another stimulus question....

    We are getting our stimulus check deposited into our account tomorrow. Our lawyer said that he could exempt it for us and we're not filing until the end of this month or beginning of June. I've been reading on here that a lot of people are getting their stimulus checks taken away from them. Can this still happen even though my lawyer said he'd be able to exempt it? We're filing federal exempt.

    Thanks.
    Last edited by amd25; 05-08-2008, 01:45 PM. Reason: error
    Experience is what you get when you don't get what you wanted.
    Tags: None
    #2
    I would suggest spending it and keeping receipts. I haven't filed yet either, and will probably do it in June or July. Our stimulus will be here tomorrow as well, and we will spend it.

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      #3
      You can exempt it as long as federal exemptions allow it? I filed in California and exempted almost 8K of my tax return.
      Chp 7 Filled 2-21-08
      341 Hearing 3-24-08

      Comment

        #4
        Good to know...at this point we have to use it. My husband and I both just found work this week after being laid off for almost 3 months. It's already almost spent (mentally) on lawyer fees, insurance, school clothes, (year round school here) blah, blah, blah...
        Experience is what you get when you don't get what you wanted.

        Comment

          #5
          Uniforms for the year round school?

          Originally posted by amd25 View Post
          Good to know...at this point we have to use it. My husband and I both just found work this week after being laid off for almost 3 months. It's already almost spent (mentally) on lawyer fees, insurance, school clothes, (year round school here) blah, blah, blah...

          Comment

            #6
            No, but he's sprouted about 2+ inches since the beginning of the school year and pants are looking like capris...holes in the knees, shorts no longer fit, things like that
            Experience is what you get when you don't get what you wanted.

            Comment

              #7
              I can only assume the timing of filing and receiving your stimulus might be a factor. If you file after you already received your stimulus sounds like the trustee wouldn't be able to touch, after all you can always say you used it to pay your lawyer???!!! Its odd the Trustee never goes after the lawyer for the money, don't you think!!!??? But when you pay an outsider or insider certain amounts of money they go after them!

              Best of Luck, Catchmeifyoucan
              July 2006: Filed Ch13 :blink:
              Oct 2006: Converted to Ch7 :clapping:
              Jan 2007: DISCHARGED :clapping:
              Nov 2007: CLOSED :yahoo::yahoo::yahoo:

              Comment

                #8
                We are also spending ours before we file. Our paralegal thinks if we keep receipts we will be fine. Nothing luxury wise on my list of to do with the check. Having a painter paint a couple bad spots on the house, having a new window put in my car (broke last winter in an ice storm), new clothes for the kids (mine outgrew almost everything-2 boys), fixing door locks on DH truck, having an electrician come and fix a few things needing done, and I might even by myself a few flowers for the yard, oh and I think I'll pay off our huge winter heating bill. That should be about cover it. Hopefully a trustee won't get too mad about these things.
                Filed Chapter 7 June 4 ~ 341 July 20 ~Last day of objections Sept 18~Discharged/Closed Sept 21

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