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    Receipts and expenses

    when the lawyer asks you to go to his office and is about to file, informs you to bring all receipts with you . Ok the question is ,how far back you go on the receipts , and does the lawyer only look at them or he makes copies of them and share them with trustee? .

    I am talking about cash receipts that you have paid in cash or check or what have you, like medical bills -co-payments , telephone , utilities etc...

    #2
    I've never heard of an attorney asking someone to bring "all receipts" with them. Perhaps you missunderstood. Maybe he is asking you to bring ALL your bills (debts).
    Well, I did. Every one of 'em. Mostly I remember the last one. The wild finish. A guy standing on a station platform in the rain with a comical look in his face because his insides have been kicked out. -Rick

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      #3
      I can guarantee you that your attorney doesn't want shoe boxes full of receipts. If you're not organized, you should get that way.

      Every penny I spend is accounted for on my computer financial program. Even the small things that I pay cash for. I get receipts, and then every couple of weeks, write out a check to myself for "petty cash", and then attach all the receipts to the stub. All of those receipts are charged to the right expense.

      My financial history is as easy as point, click, print.
      All information contained in this post is for informational and amusement purposes only.
      Bankruptcy is a process, not an event.......

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        #4
        Originally posted by frogger View Post
        I can guarantee you that your attorney doesn't want shoe boxes full of receipts. If you're not organized, you should get that way.

        Every penny I spend is accounted for on my computer financial program. Even the small things that I pay cash for. I get receipts, and then every couple of weeks, write out a check to myself for "petty cash", and then attach all the receipts to the stub. All of those receipts are charged to the right expense.

        My financial history is as easy as point, click, print.
        Love the petty cash idea!
        Well, I did. Every one of 'em. Mostly I remember the last one. The wild finish. A guy standing on a station platform in the rain with a comical look in his face because his insides have been kicked out. -Rick

        Comment


          #5
          Originally posted by frogger View Post
          I can guarantee you that your attorney doesn't want shoe boxes full of receipts. If you're not organized, you should get that way.

          Every penny I spend is accounted for on my computer financial program. Even the small things that I pay cash for. I get receipts, and then every couple of weeks, write out a check to myself for "petty cash", and then attach all the receipts to the stub. All of those receipts are charged to the right expense.

          My financial history is as easy as point, click, print.
          I love it - it's so rare for me to find someone who's as OCD about tracking money as I am!
          BKForum Blog: The Journey

          sigpic

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            #6
            I don't know that I'm OCD about it, but let's just say that I don't miss any tax deductions because of it.

            It's nothing more than a good habit to get into. If you don't do this, you really don't have any idea of where the money goes. You might guess, but you don't really know.

            I know, and I can prove it!
            All information contained in this post is for informational and amusement purposes only.
            Bankruptcy is a process, not an event.......

            Comment


              #7
              Originally posted by ando View Post
              when the lawyer asks you to go to his office and is about to file, informs you to bring all receipts with you . Ok the question is ,how far back you go on the receipts , and does the lawyer only look at them or he makes copies of them and share them with trustee? .

              I am talking about cash receipts that you have paid in cash or check or what have you, like medical bills -co-payments , telephone , utilities etc...
              Your attorney should have given you a list of what to bring.

              I bet he is looking for some kind of average so he can fill out the schedules. He will make copies and they become part of your BK file. Those receipts/bills will just give an average of where your income is distributed in your file and may show the amount you currently owe. Most people just need the recent month or two. If you have them for farther back, do keep them just in case you need them later.

              There are two different categories. One category for living expenses and one is for debt that you cannot pay back. Yes the Trustee will see those copies. Hope that helps.

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