I am going to be filing chapter 7 at the end of this month. It should be a no asset case as everything we own is protected by the state (Utah) or federal exemptions.
However back in September 2009 my grandfather got another car from his sister and I purchased his 2000 Hyundai Elantra from him. The agreement was to pay $200 per month for 10 months until it is paid off. The title was transferred to me, free and clear and he is not listed as a lien holder.
As of today I have made $1000 of payments to him. At this point I have stopped paying him (with his consent) until this bankruptcy is resolved.
I know this will raise a red flag on a chapter 7 case. My question is do I have any options for repaying the trustee this $1000 directly myself, instead of them sending my grandfather a letter and demanding it back from him? Would the trustee normally allow me to repay the $1000 directly when I file with a chapter 7, or make payments on it?
My grandfather is around 80 years old, in failing health, and has a lot of stress just having to take care of my sick grandmother; keep up on the housework, legal problems with the homeowners association, etc. I just don't want to add any other hassle to his plate and would prefer to resolve this matter directly with the trustee.
However back in September 2009 my grandfather got another car from his sister and I purchased his 2000 Hyundai Elantra from him. The agreement was to pay $200 per month for 10 months until it is paid off. The title was transferred to me, free and clear and he is not listed as a lien holder.
As of today I have made $1000 of payments to him. At this point I have stopped paying him (with his consent) until this bankruptcy is resolved.
I know this will raise a red flag on a chapter 7 case. My question is do I have any options for repaying the trustee this $1000 directly myself, instead of them sending my grandfather a letter and demanding it back from him? Would the trustee normally allow me to repay the $1000 directly when I file with a chapter 7, or make payments on it?
My grandfather is around 80 years old, in failing health, and has a lot of stress just having to take care of my sick grandmother; keep up on the housework, legal problems with the homeowners association, etc. I just don't want to add any other hassle to his plate and would prefer to resolve this matter directly with the trustee.
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