I have a question regarding our Calif tax refund and how we've spent it.
We retained our atty in March & are saving to pay $3700.00 for a chapter 13.
We received a nice refund (around $9000.00) Our atty told us we could & should get it spent, not to leave it sitting in our account, but don't take a fabulous vacation or buy a big screen TV. So, we got caught up on things like the electric bill, water bill, cable, phone bill, filled the pantry w/food, paid car tags....etc.etc. Also put $2000.00 towards our atty's BK payment and after asking tons of questions on here regarding getting a car, paid $2000.00 down payment for a reliable car to get us through the next 5 years. Payments are $388.00 per month.
Here is my concern: Our daughter had already signed up for her fall semester college classes, (JC) so I transfered $1000.00 from our account to her account to pay for her classes and also buy her books.
Being we can no longer pay for her college education, she's been searching for a part time job. Finally something came through for her. So, she's working as much as possible so she will have enough money to finish this year without our help, and then hopefully have enough to transfer to a local University in 1 yr. She just received her very first "small" paycheck and it got me thinking-will the trustee go back and take this money out of her account?
We retained our atty in March & are saving to pay $3700.00 for a chapter 13.
We received a nice refund (around $9000.00) Our atty told us we could & should get it spent, not to leave it sitting in our account, but don't take a fabulous vacation or buy a big screen TV. So, we got caught up on things like the electric bill, water bill, cable, phone bill, filled the pantry w/food, paid car tags....etc.etc. Also put $2000.00 towards our atty's BK payment and after asking tons of questions on here regarding getting a car, paid $2000.00 down payment for a reliable car to get us through the next 5 years. Payments are $388.00 per month.
Here is my concern: Our daughter had already signed up for her fall semester college classes, (JC) so I transfered $1000.00 from our account to her account to pay for her classes and also buy her books.
Being we can no longer pay for her college education, she's been searching for a part time job. Finally something came through for her. So, she's working as much as possible so she will have enough money to finish this year without our help, and then hopefully have enough to transfer to a local University in 1 yr. She just received her very first "small" paycheck and it got me thinking-will the trustee go back and take this money out of her account?