I was a nervous wreck! I don't know why, but I just was. I was shaking like a leaf as he asked our address and almost didn't even say it right. It took all of 2 minutes with the trustee. He said it was a no asset and told us to have a nice day!!
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Had my 341 meeting today!!
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I've read that even if your tax refund is covered by your exemptions, you still have to report it to the trustee. Is that correct??? What's the rule?I'm in N. California ... Thanks for your replies!
10/11/05: bought www.form7.com software
10/14/05: Filed Ch 7 BK Petition pro se skeleton
10/27/05: Filed all schedules, etc.
11/17/05: 341 meeting (done!)
01/16/06: Last day to file objections
01/18/06: Discharged, closed
Bankruptcy LINKS
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My trustee informed everyone before questioning that he wants the 2005 tax refunds. He said do not endorse them , just mail them to his office and the court will dispense with them, or something to that effect. I didn't exempt mine since I have had to pay in previous years, and since I haven't filed yet I don't know that I will be getting a refund.Bk filed 9/27 Pro Se
341 11/7 DONE!
Discharge 1/16
Closed 1/26
Arizona
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Originally posted by LostinMiI thought that if the Trustee takes your tax refund, that it would only be the part of the year up until your file date - -I thought he pro-rates the refund. Doesn't sound like that in your Trustees' case, skincomplicity.
This truatee sounds like a real PITA...just glad for all of those who have their 341's done. Art
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