We filed for Chapter 7 and had our 341 last month. 10 days later we received a Presumption of Abuse letter. Our lawyer talked with the US Trustee, and apparently she is declining to file a motion to dismiss or motion to convert!
My question now is if the Trustee comes after any of our $ (we had some assets that were not exempt), when will this happen? What if we don't have the full amount that they request? Is there a certain amount of time we have to come up with any $ they feel is due?
Thanks
My question now is if the Trustee comes after any of our $ (we had some assets that were not exempt), when will this happen? What if we don't have the full amount that they request? Is there a certain amount of time we have to come up with any $ they feel is due?
Thanks
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