341 meeting .... Report of no dis. no asset does this mean I can keep my

[BKHELP138]

Do I get to keep my S corp and LLC ? I did a Personal Chapter 7 ......

[tobee43]

no assets sounds pretty darn good to me....now you just need to wait the 60 days to see if someone fights it...and you'll be good to go. (creditors have 60 days to object).

[AngelinaCatHub]

As long as you filled out your forms properly and did not leave that fact off, regarding your business, I would assume that the Trustee wishes not to be bothered with it. Personally, if you have met everything honestly then I would not ask him and bring it up. It is his job to do his job as long as you did your job right. 'Hub

[LetsClose]

Do I get to keep my S corp and LLC ? I did a Personal Chapter 7 ......

138 -

I'm in a similar position. Did you file as primarily business debt or personal debt?
Did you receive a report of no disribution of assest or do you just see "Asset:NO" on Pacer?

[tobee43]

so you didn't do separate bks for the s corp or llc???? or did you include all the info on your personal...i know you can file both ways depending on the size of the business in some states...

in new jersey i knew someone that filed personally.....and had a s corp...but filed that separately...both were discharged chapter 7 no asset cases.

[BKHELP138]

I filed personal and included them in the chapter7. No asset, Report of No Distribution on pacer Trustee asking to be relieved of his duties etc...

[tobee43]

sounds good! now just get the discharge and you are good to go!