Any records checked by court?

[dpr88]

I bought and sold 3 vehicles in the last 2 years and cannot remember when I bought them, the date of sale, etc. I did transfer the title of them into my name. I also bought a hunting rifle last year but sold it after the season was over.. Will the court or anybody check or pull the MVD records or any other records? Doing a chapter 7 soon and need to fill in these last few details..

[whipster1]

Some trustees will run an asset check and the cars will show up. Just disclose everything and if you didn't make a ton of money on each one I doubt if anything will come of it. Your attorney should be able to run the asset check for a fee.

[ForumReader]

Some trustees will run an asset check and the cars will show up. Just disclose everything and if you didn't make a ton of money on each one I doubt if anything will come of it. Your attorney should be able to run the asset check for a fee.

Do they also run asset check for anything like checking accounts or mutual fund accounts, that kind of thing?

[AngelinaCat]

Do they also run asset check for anything like checking accounts or mutual fund accounts, that kind of thing?

Not that I am aware of. Our attorney told us that the privacy laws prohibit anyone searching for your bank accounts, etc. So it is up to you to disclose these things.

We were discharged more than a year ago, so there may have been some new developments since then.

[dpr88]

I don't remember the dates or anything... just that I bought 3 cars, fixed them up, and sold them for a few dollars profit.. Another thing is Paypal... I have a paypal account with some money in it and it also includes a paypal debit card. No credit card.. Will they check this also?

[2Bshinyandnew]

Filing Bankruptcy is a pretty big deal and worth the effort to go back through your records and reconstruct a timeline of events for major financial transactions, like buying and selling cars. Take the time to do it right. If you aren't hiding anything you have nothing to worry about. If there is ever a time to not take shortcuts and skip listing something, even if it's something that won't change your final outcome, Bankruptcy is it.

Just my 2 cents