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Look's like I am being turned into an asset case

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    #16
    Originally posted by AngelinaCatHub View Post
    Thanks for that definition. I've never heard of such a thing. Now we had a motion to have a Trustee hire a lawyer and then we had a simple in the lawyer's office interview. It was a 2004 in which we paid back our god-daughter's loan.

    The final compromise was that I would pay in six months when my retirement annuity would be due. They accepted for less and all is well.

    It is probably your tax return. 'Hub
    I think this is what's probably happening to me - TT has filed the motion to retain counsel, and my case has been changed on pacer to an asset case.

    I know he wants my tax refund for '09 (stated that at the 341 en masse to all assembled), but the lawyer is probably because he wants some funds that passed from me to my fiancee last year.

    I can only hope that I'll be able to make a deal with him for a payback on that (suing my fiancee would be useless - as he has less than I do, and I've got diddly squat).
    Moving ahead with my fresh start!
    Ch 7 Discharge: 12/14/2009
    TT Report of No Dist! 03/31/2010
    Case CLOSED!!!: 04/28/2010

    Comment


      #17
      Originally posted by last2cents View Post
      I think this is what's probably happening to me - TT has filed the motion to retain counsel, and my case has been changed on pacer to an asset case.

      I know he wants my tax refund for '09 (stated that at the 341 en masse to all assembled), but the lawyer is probably because he wants some funds that passed from me to my fiancee last year.

      I can only hope that I'll be able to make a deal with him for a payback on that (suing my fiancee would be useless - as he has less than I do, and I've got diddly squat).
      My status hasn't been changed yet on pacer as an asset case, but I am sure that is coming.

      I think the trustee is still trying to figure out a way to get some money out of my car too. But I am certain he will want my next year's tax return. at a minimum.
      You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

      Comment


        #18
        backtoschool - I'm not familar on the details in your case.....

        Why does he want your car? Are you driving something sweet?

        (don't mind me - I'm just being nosy - and I'm a car buff, although I personally drive a piece of canine excrement)
        Moving ahead with my fresh start!
        Ch 7 Discharge: 12/14/2009
        TT Report of No Dist! 03/31/2010
        Case CLOSED!!!: 04/28/2010

        Comment


          #19
          Originally posted by last2cents View Post
          backtoschool - I'm not familar on the details in your case.....

          Why does he want your car? Are you driving something sweet?

          (don't mind me - I'm just being nosy - and I'm a car buff, although I personally drive a piece of canine excrement)
          The car in question is a 2004 saab convertible that I exempted but there was a transfer involved when I bought a new Hyundai Elantra. The trustee is looking for a way to negate the transfer and get some cash out of the situation even though I exempted the car using my federal car exemption and part of my wildcard exemption.
          You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

          Comment


            #20
            Originally posted by backtoschool View Post
            The car in question is a 2004 saab convertible that I exempted but there was a transfer involved when I bought a new Hyundai Elantra. The trustee is looking for a way to negate the transfer and get some cash out of the situation even though I exempted the car using my federal car exemption and part of my wildcard exemption.

            Well, that sucks buttermilk through a straw.........

            But its similar to my scenario.........regarding the transfer...........

            Selfishly, I am glad to know that I'm not the only one in this type of snafu, but I'm sending you all the "good luck BK charms" I know about.

            Now, I have to ask.....WHY in the WORLD would you dump a saab for a Hyundai??????

            (I do realize that its probably got something to do with the financial picture....but a Hyundai??????? I'm also not familiar with the Elantra - we're a Ford operation over here......and I don't think I've ever looked at anything else seriously.....I'm a mustang / t-bird kind of gal......)
            Moving ahead with my fresh start!
            Ch 7 Discharge: 12/14/2009
            TT Report of No Dist! 03/31/2010
            Case CLOSED!!!: 04/28/2010

            Comment


              #21
              Originally posted by last2cents View Post
              Well, that sucks buttermilk through a straw.........

              But its similar to my scenario.........regarding the transfer...........

              Selfishly, I am glad to know that I'm not the only one in this type of snafu, but I'm sending you all the "good luck BK charms" I know about.

              Now, I have to ask.....WHY in the WORLD would you dump a saab for a Hyundai??????

              (I do realize that its probably got something to do with the financial picture....but a Hyundai??????? I'm also not familiar with the Elantra - we're a Ford operation over here......and I don't think I've ever looked at anything else seriously.....I'm a mustang / t-bird kind of gal......)
              The saab is a luxury convertible, a fully-owned leftover from my former high-salary life. I moved to Michigan which is not convertible-friendly 10 months out of the year. I wanted a new, reliable "student" car because I have gone back to school to get a second graduate degree.
              You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

              Comment


                #22
                The funny thing is that the trustee did not mention this year's tax return at my 341, although he made a big deal out of how large last year's tax return was. In my district taking tax returns is not automatic, although the trustee can simply write up something and make it an asset during or after the 341.
                You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

                Comment


                  #23
                  Originally posted by backtoschool View Post
                  The saab is a luxury convertible, a fully-owned leftover from my former high-salary life. I moved to Michigan which is not convertible-friendly 10 months out of the year. I wanted a new, reliable "student" car because I have gone back to school to get a second graduate degree.
                  The saab is lucious........(I'm having auto envy over here).....

                  But I agree completely that Michigan is not convertible friendly!!!

                  What are you doing your grad work in?

                  (again, just being nosy [and conversational]).

                  I'd love to get my grad degree....but I don't see how I could justify going back for it at this stage of the game.....my fantasy was always not only to do my graduate work, but post-grad as well......I had a kicking thesis that I always thought would be perfect for my doctorate.

                  Say La V (LOL - no - my degree is NOT in languages.......but I did get to audit a class on phonetics once)
                  Moving ahead with my fresh start!
                  Ch 7 Discharge: 12/14/2009
                  TT Report of No Dist! 03/31/2010
                  Case CLOSED!!!: 04/28/2010

                  Comment


                    #24
                    Originally posted by last2cents View Post
                    The saab is lucious........(I'm having auto envy over here).....

                    But I agree completely that Michigan is not convertible friendly!!!

                    What are you doing your grad work in?

                    (again, just being nosy [and conversational]).

                    I'd love to get my grad degree....but I don't see how I could justify going back for it at this stage of the game.....my fantasy was always not only to do my graduate work, but post-grad as well......I had a kicking thesis that I always thought would be perfect for my doctorate.

                    Say La V (LOL - no - my degree is NOT in languages.......but I did get to audit a class on phonetics once)
                    I am getting a Masters of Public Policy. I want a change from my former Wall Street career.
                    You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

                    Comment


                      #25
                      Originally posted by AngelinaCatHub View Post
                      Thanks for that definition. I've never heard of such a thing. Now we had a motion to have a Trustee hire a lawyer and then we had a simple in the lawyer's office interview. It was a 2004 in which we paid back our god-daughter's loan.

                      The final compromise was that I would pay in six months when my retirement annuity would be due. They accepted for less and all is well.

                      It is probably your tax return. 'Hub
                      When did you get the motion for the trustee to hire a lawyer in your case 'hub and how soon later were you turned into an asset case?
                      You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

                      Comment


                        #26
                        Sorry to hear this BTS, but I know you expected it. I am waiting for the same thing....I know he is coming after the tax return among other things.

                        Even though it stinks, I guess it's a small price to pay for a clean slate.
                        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


                          #27
                          Originally posted by Tom_Mi View Post

                          She was a homemaker, and the trustee (a female attorney, likely pi**ed that some women don't work) f
                          Women at home don't work? Now that's a big laugh. They probably work harder than any of us that go out into the world. And, it's a most honorable profession.
                          All information contained in this post is for informational and amusement purposes only.
                          Bankruptcy is a process, not an event.......

                          Comment


                            #28
                            Originally posted by backtoschool View Post
                            Thank's 'hub. I think it's the tax return and possibly he is still going to try to give me grief about my saab. That is all it could be at this point.
                            I'd give you grief too if I knew you drove a Saab!
                            Well, I did. Every one of 'em. Mostly I remember the last one. The wild finish. A guy standing on a station platform in the rain with a comical look in his face because his insides have been kicked out. -Rick

                            Comment


                              #29
                              Originally posted by OhioFiler View Post
                              I'd give you grief too if I knew you drove a Saab!
                              Believe me, I still regret not getting the audi a4. I let the 0% financing that I got at the time convince me to get a car that always annoyed me.
                              You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

                              Comment


                                #30
                                Originally posted by LSUTiger32 View Post
                                Sorry to hear this BTS, but I know you expected it. I am waiting for the same thing....I know he is coming after the tax return among other things.

                                Even though it stinks, I guess it's a small price to pay for a clean slate.
                                I agree it's a small price to pay to be able to discharge 150k of debt and get a fresh start. You can watch my case and you will have an idea how the process works, since I am a couple of weeks ahead of you in the process.
                                You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

                                Comment

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