Do bank statements need to be detailed???

[Beeheery]

hi everyone,
i have started to print out my last 6 months of bank statements but was wondering am I supposed to just print out the statement that shows the beginning/ending balance for each month or the actual statement that shows each purchase/withdrawal credit etc? Thank you!

[StartingOver08]

The entire statement showing all the transactions. Remember to save as far back as you can just in case its needed later.

[huntersmommy]

I believe they will want everything. Our attorney even needed copies of our checkbook register for the last month also.

[Beeheery]

Thank you both. Do you happen to know if the trustee or whoever would have issues with random deposits to my account? I have been selling my textbooks from this summer on ebay and amazon and it shows random deposits from 10-70.00 for my books. Do i need to show proof what the deposits are from? All it says on my statements are "Paypal" deposit and the amount. Also, I have been using my debit card for fast food purchases quite a bit lately because I am always on the go in between classes. Is this going to be an issue. I know I am not eating lavishly, but I have been using it about 3-4 a week for about 3 weeks. I don't know if it is better to just withdraw the cash and pay for my food that way. Thanks so much!

[StartingOver08]

The amounts appear to be very small - so it may not warrent the attention of the Trustee at all. But if they ask, just let them know about the books and deposits. As to the fast food - these are debit purchases that the Trustee see's all the time! LOL

[Beeheery]

Haha. Ok, good. Thank you!

[JoeBankrupt33]

I was audited, and they only wanted an explanation for any deposit over $500, and I also had many small deposits for different reasons. So, I don't think you'll have anything to worry about.

[Beeheery]

Great. Thank you Joe. May I ask what caused you to be audited?

[AfraidOfBK]

what does it mean to be audited? did this happen in BK or were you audited by irs? I am confused

[CCCrazy]

My understanding is that when you are audited, that is when the US Trustee gets involved due to red flags they see in your case - jessegirl went thru this, do a lookup on her threads.

I am terrified that the US Trustee is going to show up at my 341 on Thursday since I was a good 15K over the median with HIGH credit card debt, but I still passed the means test. Keep me in your thoughts and prayers, I'll let everyone know how it goes!!!