Another timing question

[NeedNewStart]

Hello everyone,

This site is great! Thanks!

I am hoping to gain some advice on my specific situation. I do plan on using a lawyer to file my BK but I'm not ready to file right now so I was just hoping to get some feedback from those of you who know all about it. Thanks!


Here's some info about me----

Residence - Oregon (moved here in Sept 08)
Exemptions - Nevada (lived in Nevada for 25 years prior to moving to OR)

Income - I'm about $1000 over median income for 6 months. Will this work or should I take 3 days off over the next few months to make sure that I'm under?

Debt - Only debt is mortgage. House will go into foreclosure soon and I will be liable for over $100,000.

Assets - $6000 tax return and $5000 that is in my fiancee's account.

I am single, but engaged and want to make sure this whole mess is over before we get married.

I gave the $5000 to my fiancee in December, it's supposed to be for our wedding. I gave it to him in cash and he put it into his account. I've found that this will be seen as fraud if we don't disclose it to the trustee. I don't want to do that so I would like to get the money back from him and use the $5000 plus the $6000 tax return for a down payment for a car.

Nevada exemption allows $15000 in equity in a car.. This would give me about $11000 in equity. I think this will be okay. Do you?

How long should I wait between buying the car and filing BK? Do I have to wait at all?

I actually gave my fiancee $6500 in cash and then we used $1500 of it to buy a computer (for me). So that leaves $5000.

I was just wanting to know if what I'm thinking seems OK.

Any advice would be great!
Thanks again

[AngelinaCatHub]

Well if you need a good car, and if you can stand a very itsy-bitsy wedding, (My wife and I got married on the Courthouse square. Cost $50 bucks. [tip for the Judge, he wouldn’t take it]. Sounds like a good plan. However since you are not married, the monies given do not belong to you. However it is a heaping big amount and could be tracked and you want to be real clean as this is Federal Law.

If you love him, what is a ceremony? It is in your heart, not a grand procession. I hate weddings. I would rather go to funerals. At least one is smiling, not crying.

You don’t look like you are too bad off, with a 100K house. Can you afford to pay through after marriage?

You will do fine. You at this time will have to use U.S. or Nevada’s rules. ‘Hub