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A gift vs. a transfer

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    #16
    Originally posted by backtoschool View Post
    Don't even think of going there. The trustee will be looking at bank account statements, etc and will see the transfer anyway. I had to provide a year of bank account statements. Some people have to provide two years worth if the US Trustee gets involved. Some only have to provide six months worth, but why take that risk? Not listing the transfer would be fraud and could get your case dismissed. (and is also a crime)
    Great advice.

    Either wait 18 more months or be prepared to fully disclose it and deal with it.
    All information contained in this post is for informational and amusement purposes only.
    Bankruptcy is a process, not an event.......

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      #17
      hello
      I'm not tryign to hi-jack this post BUT I have a question also about this.......on the Statement of financial affairs.........it usually say 2 years IMMEDIATELY before filing..........so what do they mean by that? say i gave soemone (my son) a large cash gift in April 2008 BUT I am filing in Sept 2010.........do I use the dating as from SEPT or APRIL or JAN2008??? I guess my question is.what do they consider IMMEDIATELY?? thank you all in advance

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