top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Motion to Compel Abandonment

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Motion to Compel Abandonment

    My 341 is Thursday...yay!...Right! Anyway I checked Pacer today and they had the hearing for the Abandonment of my business which is still up and running today. It says Unopposed and at the bottom it says Motion was Granted.....sooo this is good? Right?
    "I'm old enough to know better, but too young to care"
    Filed Chapter 7 January 25th 2010
    341 Hearing March 4th 2010
    Discharged May 10th 2010

    #2
    This is VERY good. Congratulations!!! One less thing to worry about.
    "To go bravely forward is to invite a miracle."

    "Worry is the darkroom where negatives are formed."

    Comment


      #3
      Saaaaaawwweeeettttt

      Thanks
      "I'm old enough to know better, but too young to care"
      Filed Chapter 7 January 25th 2010
      341 Hearing March 4th 2010
      Discharged May 10th 2010

      Comment


        #4
        Nice, looks like the Trustee wants nothing to do with your business! The best part is... it's no longer part of the Estate now.
        Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
        Status: (Auto) Discharged and Closed! 5/10
        Visit My BKForum Blog: justbroke's Blog

        Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.

        Comment


          #5
          Wait...maybe not so good after all. I found another document that was between the Trustee and my Lawyer a few weeks ago about the motion to abandon the business.

          Stipulation document; my Lawyer agreed to it and he and the Trustee both signed it. It says the Trustee agrees he doesn't object to the motion for the business, but the court may deny abandonment of other assets of the business in the form of claims and receivables....

          So here's the thing I do have receivables each month but out of that amount I pay all my people. If they were to take that amount at the beginning of the month a lot of workers wouldn't get paid...then what?
          "I'm old enough to know better, but too young to care"
          Filed Chapter 7 January 25th 2010
          341 Hearing March 4th 2010
          Discharged May 10th 2010

          Comment

          bottom Ad Widget

          Collapse
          Working...
          X