I alluded in another thread that I needed to open a Business Bank account. As it turns out, I should probably get busy opening it ASAP. The problem is, there will be lots of money cycling through this account and it will appear that I am making craploads of money but I will genuinely be making very very little. I don't want this account to become a distraction and a problem in my pending bankruptcy, but it will appear suspicious and that concerns me. I need a fresh start and want to go chapter 7 to completely unbury myself. I am not likely to make decent money for quite some time.
What is the best way to proceed.
1. Should I open the bank account and not delcare it to the court? I know the answer is no.
2. Should I open the bank account and try to explain to the BK court that I am not making much money with this account despite the large amounts of money flowing through the accout? That would be the truth.
3. Should I not open it up for 6 or more months and delay my opportunity?
4. Any other options?
Thank you,
What is the best way to proceed.
1. Should I open the bank account and not delcare it to the court? I know the answer is no.
2. Should I open the bank account and try to explain to the BK court that I am not making much money with this account despite the large amounts of money flowing through the accout? That would be the truth.
3. Should I not open it up for 6 or more months and delay my opportunity?
4. Any other options?
Thank you,
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