I am a resident of California. I am using an attorney but have not posed the question to her yet and I have not filed the petition yet but I am close to it. In any case, I am expecting a check for about 15k as a result of closing my business in 2008. The last installment will be sent to me in Nov 1 2009. If I file a petition today, would the trustee have the ability to take the money or if I filed late November would I be able to keep the check provided it is spent before I file? Please provide your experiences.
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You need to ask your lawyer if, the payment can be exempted. -
I am in a similer boat. I am going to file soon. I am getting a student loan for school. i took my money for fileing to pay for school So when i get the loan i am going to use part of it to file. But i do not want them to take the other part. Going to bring it up with the lawyer when i meet with them. I was going to wait till i was about to get the cash but i need to know this before i get my loan.Comment
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