Search the Community
Showing results for tags 'trustee'.
What does it mean in bankruptcy 7 when the trustee's report states the following: # 1) Assets abandoned (without deducting any secured claims): $$$.00 # 2) Assets Exempt: not available, claims scheduled: $$$$.00 # 3) Claims Asserted: not applicable, claims scheduled to be discharged without payment (without deducting the value of collateral or debts excepted from discharge): $$$$.00 I did this BK7 on my own as I am not able to afford and attorney I would just like some input if possible on the meanings of what this is telling me. Than
I posted this on my original thread but got no replies so I'm trying a new topic. During the BK hearing the trustee latched on to the payment I made to the IRS with cash I had been sitting on in case of emergencies. We got into a mess in 2009, husband lost his job, tiny kids, no cash, etc, credit cards, and I lost a lawsuit in February which is why the BK. So when I inherited a little bit of money in 2012 I just put it in a cashier's check in a safety deposit box and sat on it so I knew we would have cash if necessary. I am filing singly by the way - spouse is not filing. I was honest