stock

[scorpion35]

i have 18000 shares worth $1500 in some company
can i sell them before i file?
i really need that money

thanks

[blockhead]

Yep

as long as it's used for regular household expenses or repair.

[StartingOver08]

Or exempted in your petition.

[CreditCretin]

I had some stock as well, and needed to sell it to pay taxes. The attorney said that it was ok, as it was a normal, and necessary, expense and it wouldn't be a problem. i would probably suggest to keep your receipts however, showing you spent it on something you had to.

[scorpion35]

i have a chase checking account thats overdrawn by $510
in 10 days chase is going to charge it off if i don't deposit $510 ,money that i don't have.its a joint account with my wife thats NOT filling for BK and don't want her credit to get messed up.
can i use some of the stock sale money to deposit it in my chase account to prevent it from charging of and mess her credit?


thanks

[catleg]

Sure, remember the broker will not give you cash for 3 days after the trade.

[scorpion35]

thanks guys
your help is appreciated