gifts and definition of family member

[AngelinaCat]

I have a question...My EX and I bought my daughter a car about 5 mths ago for $4000.. He paid the total $4000 with the verbal understanding that I would pay him $100 a mth for 20 mths to pay my share... I have made 5 pmts to him ..(found out you dont EVER want to owe him money, dont be late or he will be on your doorstep the 31s of the mth) ...I dont ever want him to find out I am filing BK... So how am I going to show him as a expense every mth or do u think its an insider pmt and will cause me problems. The car is in my name only because he couldnt take off work to go get it..

You are going to have a hard time keeping him from finding out you are filing BK. Unfortunately, BK filings as most court matters are, are Public Record. Now there are degrees of how readily available the Public Records are. You will recall that there have been many threads here complaining that the list of filings are posted in the local newspaper.

If you list your ex as a creditor, he most certainly will find out because he will be on your Creditor Matrix.

If you suddenly switch from paying by check to paying by cash or money order, that will raise flags for him if he is the type to haunt your doorstep on the 31st of the month.

You can probably keep paying the $100.00 as normal--as long as you are making similar payments to other creditors. But as other posters have said, you MUST discuss this with your attorney. He/she can advise you the best as to how this should be handled.

Good luck!