If you receive a pay raise after your 341 what will happen? Company hasn't given raises in almost 4 years and now they say a pay increase is coming. Believe it when I see it but just want to know if this will be a problem? Thank you
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Pay increase after a 341...will it be a problem?
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I don't think it is a big deal after your file date, much less your 341 meeting date. Not positive here, though, just trying to offer what little advice I have gleaned from on here. It seems like the filing date is the big deal...unless maybe you got the raise before the 341 meeting...but after the 341 I think you are free and clear (I still think you are free and clear after the filing date)
Bobby
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There isn't anything to worry about. I got a pay raise after my 341 and about two weeks before my discharge. I mentioned it to my lawyer, but he laughed and said that he didn't the trustee would be interested in my extra 26 cents per hour.sigpic
Filed - 11/19/08;341 - 12/22/08
Discharged - 2/23/09 ;Closed - 3/6/09
Got my first post BK credit line - car loan - 4/9/09 On my way to recovery.
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This is absolutely nothing to worry about. Especially post-341 Meeting. Unless you were unemployed when you filed, and then got a job earning $100K, there are not many United States Trustees (USTs) that would care.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.
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Originally posted by justbroke View PostThis is absolutely nothing to worry about. Especially post-341 Meeting. Unless you were unemployed when you filed, and then got a job earning $100K, there are not many United States Trustees (USTs) that would care.
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well, technically no, but he can claim that the totality of circumstances surrounding the bk is such that the person gamed the system, so should either be dismissed or changed to a ch 13. i think the trustee would also have to prove that the debtor willfully avoided the $100K job until after filing. that would be very hard to prove short of the debtor admitting it, and a debtor is not too likely to admit something like that...
but, justbroke would know much more!filed ch7 May 09
341 june 09
discharged, closed Aug 09
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I dream of fitting into justbroke's hypothetical... (but if there were a real 100K job knocking at my door, I'd take it and go debt settlement.)12/2009 Stopped paying CCs; 3/10 1st suit;
8/2010 finally served; No Asset 7 filed. 11 mos since last bal xfer
9/22/10 60 day club; 9/24/10 report of no distr; 11/23/10 DISCHARGED
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There were actually several cases where the debtors timed their filing so that they started their $100K+ job right after filing. Of the several who had their cases dismissed or converted, I'm sure many more have received their discharge.
music12 nails it down as to what the UST "could" do if they discovered that you're rolling in the dough post-petition and pre-discharge.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.
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Originally posted by justbroke View PostThere were actually several cases where the debtors timed their filing so that they started their $100K+ job right after filing. Of the several who had their cases dismissed or converted, I'm sure many more have received their discharge.
music12 nails it down as to what the UST "could" do if they discovered that you're rolling in the dough post-petition and pre-discharge.filed ch7 May 09
341 june 09
discharged, closed Aug 09
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