Filed ch 7 early November, slightly over median income with my wife's steady job and 2 years ago (with another person who is majority owner) I started a business that has only lost money for 24 months and has failed.
According to my attorney, the US Trustee "doesn't believe I have made no money in the last 6 months" and wants me to provide 6 months Profit and Loss statements for any businesses I have been involved in.
Do I incur the expense of asking the principal owner to go to his accountant and have a 6 month P&L prepared - basically something that will look official? If so, who pays for this, it will cost approx $100 or so.
Or, do I just get the info from the principal and put it on a simple spreadsheet myself?
The 341 is next week, will there be a problem if I can only get them the info the day before the 341?
Does this request from the US trustee imply any additional scrutiny from the Panel Trustee?
(I asked all of these questions of my attorney, but have not heard back) - I really appreciate being a part of this forum.
According to my attorney, the US Trustee "doesn't believe I have made no money in the last 6 months" and wants me to provide 6 months Profit and Loss statements for any businesses I have been involved in.
Do I incur the expense of asking the principal owner to go to his accountant and have a 6 month P&L prepared - basically something that will look official? If so, who pays for this, it will cost approx $100 or so.
Or, do I just get the info from the principal and put it on a simple spreadsheet myself?
The 341 is next week, will there be a problem if I can only get them the info the day before the 341?
Does this request from the US trustee imply any additional scrutiny from the Panel Trustee?
(I asked all of these questions of my attorney, but have not heard back) - I really appreciate being a part of this forum.
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