missed asset

[timhelp032]

Greetings everyone!

I have a quick question on a filing. If you missed an asset that could have been exempted in your chpt 7 filing but became aware of it after you file, can you ammend your filing to protect it?

Thanks all!

[AngelinaCatHub]

Yes of course. This is done all the time. Missing a creditor is the bad one. Although not really. Your paperwork should be as accurate as possible. It costs 26 bucks to amend. 'Hub

[bummedout]

Doing my own BK, used a online jobber to help with the paperwork. Had my 341, and the trustee asks for biz tax returns and bank statements. Problem is with the bank statements. Took money out right before filing, as I was afraid of my account being seized by creditors. They had really turned up the heat, and even pulled a vehicle out of my driveway without me even knowing it! Heard horror stories from folks about accounts being seized/garnished. Really bad timing tho, and never even thought about it as per the BK deal. NOW I am worried, as those withdrawls will show on my account, and I still had some money on hand to pay mortgage etc. but did not answer the trustee question right, as I was not even thinking about this (and was not prepared for what questions I would be asked) when I was asked how much cash on hand at time of filing? Since I am now being asked for these 2 items, can I just not submit them...and let this die a natural death, and then start over again? I see people talking about ammendments, but much of the withdrawn money has been used on bills, food, etc. but no receipts. Not sure what to do, and didn't know how this whole process worked. I am an honest person, who feels in over the head right now, please..any advice?

[angles]

I would not be too worried unless your withdrawals were thousands of dollars and you have no way to explain where the money is. If asked, just explain your reasoning for withdrawing the money and what you spent it on.