Cashed checks how long does TT look back?

[Kansas1960]

I have 2 checks that I cashed and never deposited. Nearly all the money has been spent but I do have about 20% left I was saving for emergencies. I know I have to spend the rest and keep reciepts but I do not have a good answer if I am asked what I did with the money. The total was about 11,000. I cashed the checks and gave 3,100 to my wife and she used it to pay bills. Some was used for christmas and a little at the casino and I have about 2500 left. JThe rest just went a little here and there dinner, gas vactions, kids needs etc. Not hard to move 6,000 in one year in cash. One check was 13 months ago and the other 9 months ago. I know the TT can go back years but in reality how far back do they really look? I would like to not have to answer this question.

[justbroke]

The Trustee (Tee) is looking for transfers of money and hidden money. One of the items on your schedules is how much Cash you have in banks and on-hand. Giving money to the wife is not a transfer, since you're married. Using it to pay bills for necessities, is perfectly fine. The fact that you may have gambled some in the last 13 months... fine.

When it comes to money earned or otherwise received in the past, the Trustee is really looking for real recent amounts of money. They are also looking for things you did, such as giving your mom $10K to pay her back, while not paying your other creditors.

The key for you will be what cash is left and what you're declaring on your forms (which should be all that's left). Working with your lawyer, you should be able to either exempt the remaining cash or to spend it on things like... a lawyer and to file (!), clothing, stock up on food, fix your car, get some (postponed) medical care, etc.

The questions that the Tee tends to ask are on this Forum (https://www.bkforum.com/node/40121). They are asking about property you gave away or sold less than value. Any real estate you sold. Any businesses you were involved in.

The Tee tends not to go back "years" unless you have something, like real property, that was transferred in an interesting way.