did i mess up?

[forge]

So I'm in the middle of trying to file bankruptcy. I paid off the attorneys on December 15th, and now I'm waiting for them to actually file. Here are two things I'm a little concerned about:

Im going back to school in February, so I bought a laptop. I Did not put it on a credit card, but rather I paid for it with what I had in my checking account (debit card). My lawyer hadn't said anything about buying things prior to the bankruptcy so I didn't think anything of it since ill be using it, and my lawyers said I had to keep my account balances under $500. But now I'm seeing horror stories online and I'm scared it'll end up getting my case thrown out when they review my financials.

The second thing is, I like to trade movies and games into Amazon, which I've been consistently doing. Over the last 6 months or so, its probably been about $600 or so which I've used for some things for myself as well as an easy means. To get Christmas presents. If I provide my lawyers with a list of everything I've sold, I don't think it will be an issue, but I'm so nervous and freaking out about everything.

Did I royally screw myself with these things?

[keepmine]

Neither are any issue. Just disclose everything to your lawyer.
The laptop should fit in your personal exemptions and the income fromAmazon will be added to your means test. $100/month shouldn't have any affect.

[OhioFiler]

Neither are any issue. Just disclose everything to your lawyer.
The laptop should fit in your personal exemptions and the income fromAmazon will be added to your means test. $100/month shouldn't have any affect.

Selling assets on Amazon does not create income. It's the transfer of one asset (movie) into another (cash). Basically, it's an electronic yard sale for this poster.

[backtoschool]

Selling assets on Amazon does not create income. It's the transfer of one asset (movie) into another (cash). Basically, it's an electronic yard sale for this poster.

I agree with OhioFiler that the Amazon sales are not income, they are cash assets that should be exempted if they are sitting in the checking account, if they have been used to purchase something, then the items they purchased should be exempted as part of the household goods. In either case, both the laptop and the amazon sales should be no problem.

[forge]

Thank you so much everyone. You have made me feel much better

[nickels22]

I actually had this same situation. I filed at the end of November and I bought a new computer at the beginning of September. I too used money out of my checking account. At my 341 meeting two weeks ago, my trustee did ask what the $1200 purchase was. I told him that I purchased a new laptop and then he asked if i put it under my exemptions which i had. I think you'll be fine.

[tcreegan]

Hi all, Hi forge,

Agree w/ the rest, you should be OK Remember, the laptop became a used laptop the minute you stepped out of the store. Kentucky has a lowball homestead exemption (5K) but 3K for personal property + a 1K wildcard...not too shabby...

I did not put it on a credit card.....Right On!!! This is your ace-in-the-hole, good job!

Tom in Colo