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Finally Signed Petition

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    Finally Signed Petition

    On Friday, we signed our petition. It will be faxed next week. So hopefully now that this is done, we'll finally be on our way to some finanical freedom.

    Just kinda concerned. With out petition, my income is included. But possibly on the 1st of Oct, my job will go contract and they may pick me up, which means I'll make more money.

    My 341 meeting will be around the time that I get picked up by the new contractor.

    Since I'll make more money it'll be a conversion. What should I do? I just want to hurry up with this. Should I even mention the conversion of the contractor? The job is the same...just more money.

    Advise?
    My BK Status:
    9/19 Chapter 7 petition on file w/ BK court
    10/19 341 Hearing (OVER WITH!!! WHOO HOOO)
    12/19 Deadline for Objections (Scheduled)

    12/26 ORDERED DISHCHARGED!!!!!
    12/27 Bankruptcy Case Closed (Admin.):clapping: :yahoo:

    #2
    That is a hard question. I imagine at the 341 the trustee will ask if you expect your financial situation to improve substantially.

    How was your expenses list that you included in the petition? If it was very bare, based on current income, would standard expenses offset the pay increase? For example, if you included practically nothing for clothing & entertainment & home maintenance 'cause you can't afford them now, you would conceivably spend more in those areas if you had more income. I hope that makes sense to someone other than me.
    Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

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      #3
      Originally posted by Flaminblonde
      On Friday, we signed our petition. It will be faxed next week.
      Why not this week??

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        #4
        My lawyer sends a wholebunch at the same time. They are weird like that. LOL It took them this long to do this one. I'm just glad it's finally done.
        My BK Status:
        9/19 Chapter 7 petition on file w/ BK court
        10/19 341 Hearing (OVER WITH!!! WHOO HOOO)
        12/19 Deadline for Objections (Scheduled)

        12/26 ORDERED DISHCHARGED!!!!!
        12/27 Bankruptcy Case Closed (Admin.):clapping: :yahoo:

        Comment


          #5
          It isn't as long as it has been. Time will go by slowly, but in the scheme of things, it is relatively a drop in the bucket compare to the stress & worry you have been carrying around for a lot longer than several months.
          Best of luck. Get your stuff lined up for the 341 meeting, kick back and take a chill pill.
          I'll be watching, you may never know when or how, but I'll be there. I am there now....

          Comment

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