Had meeting and while our meeting did not follow what seemed to be the norm, it finished without a hitch and now we wait.
Outside the normal questions that the 4 people before us answered and finished with. The Trustee asked us to explain to him in detail the drop in our income from last year to what we projected this year. (Was about 30% lower) He also asked us to explain our marketing strategy for our rental house, the offers we had received, number of response from prospective renters, etc. He then asked how some of our personal property was appraised. (I referance a well known catalog and said I looked them up in that. He nodded.)
He then told our attorney that there were No Assets he was interested in and did not see any other issues that needed addressed. He turned to us and wished us good Luck.
Outside the normal questions that the 4 people before us answered and finished with. The Trustee asked us to explain to him in detail the drop in our income from last year to what we projected this year. (Was about 30% lower) He also asked us to explain our marketing strategy for our rental house, the offers we had received, number of response from prospective renters, etc. He then asked how some of our personal property was appraised. (I referance a well known catalog and said I looked them up in that. He nodded.)
He then told our attorney that there were No Assets he was interested in and did not see any other issues that needed addressed. He turned to us and wished us good Luck.
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