Were you asked these questions by Attorneys?

[mhman]

I have reviewed all the documents for Chapter 7 and found the following form.

B7 (Official Form 7): Statement of Financial Affairs.

This form includes 25 questions like below.

1. Primarily Cosumer Debts: List all payments on loans, installment purchase of goods or services, and other debts to any creditor made within 90 days.

2. Not Primarily Cosumer Debts: List each payment or other transfer within 90 days.

3. All debtors: List all payments made within one year.

4. Gifts: List all gifts and charitable contributions made within one year.

5. List all financial accounts closed within one year.
.....

However, my attorney never asked any question above except three months pay stubs, 2008 tax return, and some asset info. That's it!

I had a $975 wire transfer to my parent in July and have two bank accounts closed within 3 months.......

They did means test and filled schedules but I believe they didn't fill the above form since they never asked me.

Were these questions in detail asked when you retained your attorney?

[StartingOver08]

Have you actually filed yet?
I had to fill in the entire petition for the attorney and turn in all documentation before he would file.

The $975 to your parent just 4 months ago is well within the 12 month lookback period for payments to insiders. If you have filed, call your attorney. If you have not filed, I would wait to file.

[backtoschool]

I have reviewed all the documents for Chapter 7 and found the following form.

B7 (Official Form 7): Statement of Financial Affairs.

This form includes 25 questions like below.

1. Primarily Cosumer Debts: List all payments on loans, installment purchase of goods or services, and other debts to any creditor made within 90 days.

2. Not Primarily Cosumer Debts: List each payment or other transfer within 90 days.

3. All debtors: List all payments made within one year.

4. Gifts: List all gifts and charitable contributions made within one year.

5. List all financial accounts closed within one year.
.....

However, my attorney never asked any question above except three months pay stubs, 2008 tax return, and some asset info. That's it!

I had a $975 wire transfer to my parent in July and have two bank accounts closed within 3 months.......

They did means test and filled schedules but I believe they didn't fill the above form since they never asked me.

Were these questions in detail asked when you retained your attorney?

These questions are a standard list of questions the trustee often asks each filer at his/her 341.

Usually you get these questions sent to you in writing shortly before your 341 date. You fill these questions out and a copy goes to the trustee who will look at the form while questioning you at your 341.

[southernbelle]

These questions are standard. I assume you didn't tell your atty about the transfer which means you should wait to file if you haven't already.

[leena]

I was asked all of these questions in a questionaire at the first meeting with my attorney's office. For my initial evaluation, I had to fill that out and then some, and I had to bring 2 paystubs, ID, and proof of social along with my last bank statement and all my bills- most recent invoices.

The final list before the attorney filed was three months bank statements, two years tax returns, six months paystubs, a couple more questionaires, a few years worth of W2 forms, the title to my car, my apartment lease (only because it showed my rental deposit amount) and my certificate for my pre-filing credit counseling course. After all that, they needed a paystub (most recent) and my bank statements showing the date of filing at my 341! My attorney said our district is a little nuts on the proof of income thing, so your mileage may vary...

Payments to insiders is a biggy in all districts it seems. Tell your attorney ALL about it so you can file when you should and not lose $975.00 for your parents.

[mhman]

Thanks for all answers.
I didn't know that the B7 form with the questions need to be filled after I file the BK.
I will summarize all and give it to my attorney before I file.

It's really good information to know. Thanks again!