Money in Checking Account

[skye]

Hi everyone,

I have a question about excess money that has accrued in a checking account due to not paying bills since my BK procedure was first started back in July.

I am filing pro se, but my situation is a little different in that I went through a paralegal who ended up having some problems with the attorney she was working with. Consequently, my case should have been filed months ago but wasn't, and I had to redo all the paperwork and start all over in February. The 341 will be held in a few weeks, and the last 3 bank statements I have to submit now shows an ending monthly balance of around $1,500. It's my understanding that this money will be taken by the Trustee regardless of the extenuating circumstances, does anyone know if this is correct?

Any suggestions or advice will be deeply appreciated.

All the best,

skye

[jribe]

you didn't say what state you are in- or if you have any exemptions to cover the amount in the checking.

Most states have a wild card exemption of some amount; and some states allow you to use unused homestead exemptions for other property.

the reason no one is responding to this- is just because there aren't enough details to give you an answer.

Hi everyone,

I have a question about excess money that has accrued in a checking account due to not paying bills since my BK procedure was first started back in July.

I am filing pro se, but my situation is a little different in that I went through a paralegal who ended up having some problems with the attorney she was working with. Consequently, my case should have been filed months ago but wasn't, and I had to redo all the paperwork and start all over in February. The 341 will be held in a few weeks, and the last 3 bank statements I have to submit now shows an ending monthly balance of around $1,500. It's my understanding that this money will be taken by the Trustee regardless of the extenuating circumstances, does anyone know if this is correct?

Any suggestions or advice will be deeply appreciated.

All the best,

skye