I have a question about the sale of personal property. In January I sold some personal property for 9k. The money was spent on odds and ends, taking trips and also paying some friends of mine to paint the new house we just bought. Fast forward to the middle of the year, the company I worked for shut down and I was laid off work. I have been on unemployment and was not able to pay my creditors so my boat and rv were repossessed. My question is this. When I go to the trustee meeting they will want to where the money came from. I have no way to prove where the money came from i have no bill of sale from personal property. Also they are going to want to know where the money went and I have no way to prove what it was spent on as it was just spent here and there on bs stuff. If I had known at the time we were going to be in this mess, 1 I would have saved the money, 2 I would have kept the proof of spending. Is this going to be a problem? Now I am worried they will want the 9k back and I dont have it, but cant prove I spent it as required. I am not sure how they can expect you to know you are going to be filing bk in advance and save all the information.
I might add that the money was deposited in my account and then withdrawn a short time later so there is record of me having the money. I realize most trustees only ask for six months of bank information but I do feel the need to be honest on my petition and claim I sold the property, as the petition asks if you have sold or transfered personal property in the last year. What can I do ?
I might add that the money was deposited in my account and then withdrawn a short time later so there is record of me having the money. I realize most trustees only ask for six months of bank information but I do feel the need to be honest on my petition and claim I sold the property, as the petition asks if you have sold or transfered personal property in the last year. What can I do ?
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