Withdrawing cash from checking

[limage]

I am planning on filing in March. How much cash can I safely take out of checking without a trustee asking for proof of how the money was spent? Usually when I pay for things at the grocery store or drug store, I take 20 cash in the transaction, but I would like to have a stash of cash of about 400. If I withdrew 75-100 a week, would it be noticed? What if my grocery bill was only 25, but I took cash to make the transaction 100? I can just toss the receipt.

[OhioFiler]

I am planning on filing in March. How much cash can I safely take out of checking without a trustee asking for proof of how the money was spent? Usually when I pay for things at the grocery store or drug store, I take 20 cash in the transaction, but I would like to have a stash of cash of about 400. If I withdrew 75-100 a week, would it be noticed? What if my grocery bill was only 25, but I took cash to make the transaction 100? I can just toss the receipt.

Are you asking for advice on how to skirt the law? What is the cash exemption you are allowed in your state?

[jessegirl]

You can take additional money when you do your groceries. I did. I used to go into a store and purchase 10.00 worth of groceries and take an additional 50.00 in cash. I would do that 2 times a week. They won't question it unless its a ridiculous amount. But hitting it for 50.00 won't really put up a red flag.

[phigment]

I am sort of in the same boat. We will file in June at the earliest but I have two obligations at the end of the summer that I absolutely have to meet and expect to need $3K to cover them (annual vacation with the in-laws and a modest bridal shower for sister-in-law). Should I slowly withdraw money and put it under the mattress or since I am greater than 90 days out should I do it quicker?

[SubPrimeME]

I was advised not to take more then 600 out at a time as this is the tipping point for preferential payments.

Not sure if that was right to do either...

[limage]

Not that I'm doing this with the money, but couldn't I say I gambled it? Or smoked it. I mean, the money is still mine, I just can't do a luxury. I just want to pay for some things I need and want and I dont want it to look like its disposable income. My income is never consistent and I am getting a larger than usual paycheck. Since I'm not paying my mortgage or credit cards, I actually have some now! And I want to get the money spent up so there is nothing left when I file.

I just need to file and get this over with. I think.

[SubPrimeME]

Not that I'm doing this with the money, but couldn't I say I gambled it? Or smoked it. I mean, the money is still mine, I just can't do a luxury. I just want to pay for some things I need and want and I dont want it to look like its disposable income. My income is never consistent and I am getting a larger than usual paycheck. Since I'm not paying my mortgage or credit cards, I actually have some now! And I want to get the money spent up so there is nothing left when I file.

I just need to file and get this over with. I think.

The bottom line is you have to live your life, I wouldn't take the trip to Hawaii, but if you need car work or dental work, now's the time!

The trustee will be looking for assets, so don't go off buying that 12 carrot diamond, maybe settle for the 3 carrot!

Don't smoke your money, it's not good for your health!

[mintz]

My attorney said not more than $600 at a time

[jojo]

My attorney said take it all out when paid on payday?? Said pay cash or money order on everything and get receipts. Is that wrong?