First off I have asked a few questions on this site and can not thank all of you enough that has responded. I do not believe I ahve given all the details of my situation so here it is in short and then a few questions to follow.
My wife and I plan on filing joint first of Aug or latest sept. At that point in time I should be under the median income by a couple of thosand $. This is due to pay cut and commission being held until at least 2010. I will be a no asset case or close to it. I have $56K (most is in my name) in credit card debt. I have already picked out a lawyer and plan on paying him a retainer at the first of the month so I can start telling creditors my plan, give his name and my case #, and hopefully relieve some of the creditor phone calls.
Here are my questions.
1. I paid my grandmother some money in March (totaling $2100) that I owed her. Soon after I realizing I needed to file BK and this would be considered preferrential payment. I asked for the money back and she gave me a check back for $2100.00. The cash withdrawals and her check deposited are clearly visible on my bank stubs. Any issues with me doing this?
2. My wife cleans a couple of house on the side for minimal money. I plan on claiming that money when I file BK, but I do not have any of here check stubs. The majority of the checks where cashed at our bank. Only thing I could produce is copies of invoices. Would those work?
3. I travel with work and have to expense all my travel expensive. I have a few deposits on my bank account where I have deposited my expense check back in my account once I am reimbursed by employer. I can provide trustee with stubs and expense reports if neccessary. See any issue here?
4. I have asked this question before but wanted to get a few more opinions. I sold a hot tub back in April for $3100 due to the fact I needed to pay my bills. As long as I can show that I use it for neccessities is there going to be a problem?
5. My mom and her dad have been helping us out occasionally over the last few months. Giving us $100 here and there. How does trustee view this?
Thanks in advance for your responses. This is the greatest site and has calmed a lot of my initial fears. You help is much appreciated.
My wife and I plan on filing joint first of Aug or latest sept. At that point in time I should be under the median income by a couple of thosand $. This is due to pay cut and commission being held until at least 2010. I will be a no asset case or close to it. I have $56K (most is in my name) in credit card debt. I have already picked out a lawyer and plan on paying him a retainer at the first of the month so I can start telling creditors my plan, give his name and my case #, and hopefully relieve some of the creditor phone calls.
Here are my questions.
1. I paid my grandmother some money in March (totaling $2100) that I owed her. Soon after I realizing I needed to file BK and this would be considered preferrential payment. I asked for the money back and she gave me a check back for $2100.00. The cash withdrawals and her check deposited are clearly visible on my bank stubs. Any issues with me doing this?
2. My wife cleans a couple of house on the side for minimal money. I plan on claiming that money when I file BK, but I do not have any of here check stubs. The majority of the checks where cashed at our bank. Only thing I could produce is copies of invoices. Would those work?
3. I travel with work and have to expense all my travel expensive. I have a few deposits on my bank account where I have deposited my expense check back in my account once I am reimbursed by employer. I can provide trustee with stubs and expense reports if neccessary. See any issue here?
4. I have asked this question before but wanted to get a few more opinions. I sold a hot tub back in April for $3100 due to the fact I needed to pay my bills. As long as I can show that I use it for neccessities is there going to be a problem?
5. My mom and her dad have been helping us out occasionally over the last few months. Giving us $100 here and there. How does trustee view this?
Thanks in advance for your responses. This is the greatest site and has calmed a lot of my initial fears. You help is much appreciated.
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