PACER shows bad news, I guess........

[LSUTiger32]

I logged onto PACER today just to check the status of things.....I still do this periodically. Today I noticed that this was added on 12/18/09.........

Filed & Entered: Trustee's Notice of Assets & Request for Notice to Creditors

I also noticed that I was changed to an ASSET CASE!!! All of this after discharge? I am confused......does this have something to do with my upcoming tax return refund?

The crappy part is that it is not clickable so there is no attachment of forms to go to. It's just sitting there and I have no idea what it is for sure.

Thanks for any help.

[justbroke]

Why do you care if you're an asset case? It's probably because of an anticipated refund. You should have already been well aware (before or at the 341 Meeting) that you were potentially an asset case.

It could be so many different things. Perhaps you surrendered a property, but the Trustee found a material defect in the lien, mortgage, note, agreement. Just because your case becomes an asset case, doesn't mean that you're in trouble, owe money, or are even party to the Trustee's liquidation of some asset.

Please contact your attorney to see what the Trustee is up to. You pesonally would have been notified if it were some exemption issue.

[LSUTiger32]

Why do you care if you're an asset case? It's probably because of an anticipated refund. You should have already been well aware (before or at the 341 Meeting) that you were potentially an asset case.

It could be so many different things. Perhaps you surrendered a property, but the Trustee found a material defect in the lien, mortgage, note, agreement. Just because your case becomes an asset case, doesn't mean that you're in trouble, owe money, or are even party to the Trustee's liquidation of some asset.

Please contact your attorney to see what the Trustee is up to. You pesonally would have been notified if it were some exemption issue.

I am not sure I care as much as I am afraid I should care, as in maybe something is wrong and I am about to get whalloped with something I don't even see coming.

Unless the tax return makes me an asset case automatically, then there is nothing I know of or was mentioned that would me an asset case. The trustee abandoned all of my property already.

Just kind of anxious that it may be something other than my tax refund.

[LJoutWest]

Any time you have funds that are dispersed to creditors you become an asset case. If you have a tax refund the trustee will take it and disperse it to them after getting his percentage. You should also then get a notice that the trustee asks for him to be appointed a lawyer in your case so he can disperse those funds. No biggie.

[JRScott]

If they are waiting on the tax refund then you'd be an asset case.

[frogger]

You're discharged. No worries now. Just cleaning up the loose ends.

[LSUTiger32]

You're discharged. No worries now. Just cleaning up the loose ends.

Thanks Frogger, I guess since I am already discharged should be a relief, right? I was just wondering that if it is the tax return, why so early? Then I logged in again and got the notice of the mailing of the document to me that I could download. It's a notice saying that while previously there was not to be anything in the estate, there is now and claims must be filed by 3/22/10. I guess that's why they do it now to give creditors time to file claims?

I still wish I knew how much of it they are going to take.

[ChaseDidThis]

I filed in September, and the attorney said they could take up to 3/4 of it as thats how much of the year has passed when I filed. I don't know if they exclude anything from this such as child credits or anything, but I am expecting to be able to keep 25% of it, I hope.

[kw1025]

I am going thru the same thing, an anticipated tax return. I filed at the end of Aug, lawyer said that they will take 2/3 of any return, big or small.

[CCsAreEvil]

Same here. Filed in the beginning of Sept, so my guess is they'll take 2/3s of the return. If that's it, I'm still happy. At least I get 1/3 and get the case closed. Of course, no one wants to give up any of his return. Gotta look at the bright side of things, though.

[Mi Bankruptcy]

I guess no one exempted an anticipated tax return?

[Patch]

I did exempt $1500 of my anticipated tax return.
I was discharged on dec 21st and I am still a" no asset case"...

[rrj]

I guess no one exempted an anticipated tax return?

i signed a paper at my 341 for my taxes, it is all exempted up until 3495.00 anything over that amount the truestee will take

[ChaseDidThis]

I was told I couldn't exempt it, which actually I am ok with, he can have the whole thing if I can be done with this. The only thing that kinda hurts is it's the last year I qualify for the child tax credit. Oh well, that doesn't even equal 1 month of payments of my past cc debt.

[SleeplessMI]

My attorney told me I could exempt mine (WD Mich) as long as I don't exceed my state's allowance.