I know that if you write a check and it doesn't clear before you file that it is considered in the bank. What about use of debit cards? My bank shows:
Previous balance 1000
Pending transaction 600
Available balance 400
Anybody have this...
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Cash on Hand?
Anyone know the limit on how much cash you can have when you file Chpt 7? Since all my credit cards have been canceled I keep $1000 in my checking account for life's little emergencies. I'm guessing the trustee would seize some of that.
What's the limit?
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Question on assets and the homestead exemption
Of course I am going to be asking my attorney the same question but I'd like to get as much information as possible. Let me see if I have this right, my state (Pennsylvania) does not have a homestead exemption, so I'll be using the federal one, right? That's 20K or thereabouts? I'm giving up my former...
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