Originally posted by backtoschool
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New Orleans: Home to the World Champion Saints, the biggest enviromental disaster and the biggest natural disaster in the history of this nation. Proud to call it home!
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Originally posted by LSUTiger32 View PostFunny you mentioned that, she walked us out the room and said I would tell you to increase your witholdings but I see you already have it set pretty good. So she was on top of that, she had already looked our check stubs over.Filed Chapter 7: 7/3/09
341 Hearing: 8/6/09 - Went Smoothly!
Discharged: 11/30/2009
Closed: 12/16/2009
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Two things were filed just now on my PACER record.
1. Memo and Minutes of Chapter 7 341 meeting
2. Formal legal document
Here is the legal document......please tell me this is good......I think it is.
TRUSTEE'S PETITION OF DISCLAIMER AND ABANDONMENT
To: Judge
The petition of the undersigned trustee of the estate of the above named debtors with represents:
On the ground that there is no equity in the hereinafter described property for the estate of the above named debtors, over and above such exemptions as may apply thereto, or that if there is any such equity, it is not sufficent to justify administration.
The undersigned trustee (in his official capacity under Federal law) as representative of the estate of the debtors, does by these presents, subject to the approval of the Court (which approval is hereby prayed for), disclaim and abandon all such right, title and interest of the said debtors estate in and to the following described property:
My primary residence, rental property, rental property #2, lot, car, car, car.
GOOD NEWS, right?????New Orleans: Home to the World Champion Saints, the biggest enviromental disaster and the biggest natural disaster in the history of this nation. Proud to call it home!
Comment
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Originally posted by LSUTiger32 View PostTwo things were filed just now on my PACER record.
1. Memo and Minutes of Chapter 7 341 meeting
2. Formal legal document
Here is the legal document......please tell me this is good......I think it is.
TRUSTEE'S PETITION OF DISCLAIMER AND ABANDONMENT
To: Judge
The petition of the undersigned trustee of the estate of the above named debtors with represents:
On the ground that there is no equity in the hereinafter described property for the estate of the above named debtors, over and above such exemptions as may apply thereto, or that if there is any such equity, it is not sufficent to justify administration.
The undersigned trustee (in his official capacity under Federal law) as representative of the estate of the debtors, does by these presents, subject to the approval of the Court (which approval is hereby prayed for), disclaim and abandon all such right, title and interest of the said debtors estate in and to the following described property:
My primary residence, rental property, rental property #2, lot, car, car, car.
GOOD NEWS, right?????
See sometimes we fret over things we don't need to fret about!Filed Chapter 7: 7/3/09
341 Hearing: 8/6/09 - Went Smoothly!
Discharged: 11/30/2009
Closed: 12/16/2009
Comment
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Originally posted by 2manybills View Postit's great news. That's pretty much his report of no distribution, no assets. Welcome to the 60 day club!
See sometimes we fret over things we don't need to fret about!New Orleans: Home to the World Champion Saints, the biggest enviromental disaster and the biggest natural disaster in the history of this nation. Proud to call it home!
Comment
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Originally posted by LSUTiger32 View PostTwo things were filed just now on my PACER record.
1. Memo and Minutes of Chapter 7 341 meeting
2. Formal legal document
Here is the legal document......please tell me this is good......I think it is.
TRUSTEE'S PETITION OF DISCLAIMER AND ABANDONMENT
To: Judge
The petition of the undersigned trustee of the estate of the above named debtors with represents:
On the ground that there is no equity in the hereinafter described property for the estate of the above named debtors, over and above such exemptions as may apply thereto, or that if there is any such equity, it is not sufficent to justify administration.
The undersigned trustee (in his official capacity under Federal law) as representative of the estate of the debtors, does by these presents, subject to the approval of the Court (which approval is hereby prayed for), disclaim and abandon all such right, title and interest of the said debtors estate in and to the following described property:
My primary residence, rental property, rental property #2, lot, car, car, car.
GOOD NEWS, right?????You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under
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Originally posted by backtoschool View PostIt's great news, but it does not list the college fund or the 401k or the tax refund, so it is pretty much what we described above. Still it means you will be discharged in 60 days.
New Orleans: Home to the World Champion Saints, the biggest enviromental disaster and the biggest natural disaster in the history of this nation. Proud to call it home!
Comment
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Originally posted by LSUTiger32 View PostAs long as I am in the club, that's fine with me. I'll just wait and see what happens with the college fund and the 401K stuff. I guess my attorney will contact me if need be.
You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under
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Originally posted by backtoschool View PostIt's great news, but it does not list the college fund or the 401k or the tax refund, so it is pretty much what we described above. Still it means you will be discharged in 60 days.Filed Chapter 7: 7/3/09
341 Hearing: 8/6/09 - Went Smoothly!
Discharged: 11/30/2009
Closed: 12/16/2009
Comment
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Originally posted by backtoschool View PostYes you are definitely in the 60 day club! You are in the "formerly-had-assets-but-they-couldn't-push-you-into-a-chap-13-so-they-are-pissed" penalty box with me.
The good news is that you guys are preparing and perservering. So if they end up with a few bucks in assets, SO BE IT! You still get your "Fresh Start"!Filed Chapter 7: 7/3/09
341 Hearing: 8/6/09 - Went Smoothly!
Discharged: 11/30/2009
Closed: 12/16/2009
Comment
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Originally posted by 2manybills View Postbts: Sometimes you speak in absolutes. Remember every district is different. Pretty much I can bet that was the TT report of no distribution. Also, the TT's report of no distribution and whether there is any UST involvement regarding a motion to dismiss are 2 different situations entirely.
In any case I was not talking about a motion to dismiss, I was referring to the tax return, 401k and the college fund as exemptions.You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under
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Originally posted by backtoschool View PostI am not speaking in absolutes. Read the thread again. My post is the end of a long conversation on specific items the trustee brought up in the 341.
In any case I was not talking about a motion to dismiss, I was referring to the tax return, 401k and the college fund as exemptions.
Sorry if you took offense bts, that is not my intention. You did refer to being discharged in 60 Days and that comes from a motion to dismiss from the UST and has nothing to do with whether or not you have an asset case.
My point is that every case, every district is different. I've worked in the legal field for 35 years and there are so many different variances just County to County, you can only imagine on a national level what is happening.Filed Chapter 7: 7/3/09
341 Hearing: 8/6/09 - Went Smoothly!
Discharged: 11/30/2009
Closed: 12/16/2009
Comment
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Originally posted by 2manybills View PostSorry if you took offense bts, that is not my intention. You did refer to being discharged in 60 Days and that comes from a motion to dismiss from the UST and has nothing to do with whether or not you have an asset case.
My point is that every case, every district is different. I've worked in the legal field for 35 years and there are so many different variances just County to County, you can only imagine on a national level what is happening.
This is very similar to my situation with my car exemption that came up in my 341.You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under
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Originally posted by backtoschool View PostNo offense taken. But I was simply referring to LSUTiger32 now being in the 60 day club, but with a possible objection to the college fund, and 401k exemptions and with the possible loss of next's year's tax refund.
This is very similar to my situation with my car exemption that came up in my 341.Filed Chapter 7: 7/3/09
341 Hearing: 8/6/09 - Went Smoothly!
Discharged: 11/30/2009
Closed: 12/16/2009
Comment
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Originally posted by 2manybills View PostLike I said in another post, it totally sucks you guys have been put through the ringer! No reason for it! Go after the real abusers. Like you're hiding all those million of dollars in diamonds out in your house right?! Sure!New Orleans: Home to the World Champion Saints, the biggest enviromental disaster and the biggest natural disaster in the history of this nation. Proud to call it home!
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