No Asset on Pacer on day of filing?

[bandrat]

Hello Everyone,

Signed our paperwork earlier in the week, and the lawyer got it filed today. I look it up on pacer, and it says No Asset. I thought this was only determined after the 341 meeting.

Is this just the automatic default value, or has someone given it a quick read and entered in a yes/no right after it is filed? My 341 isn't until 11/18/05, and the stress is already getting to me...

Thanks again!

[sunshine08]

Please, everyone today is on stress overload. (I know, I felt the same way)
Each district does things differently. I doubt this is indictive of a problem. Could mean that you have only unsecured debt you are filing on and that the assests you are keeping are exempt.

[StaciMM]

There is a place on the cover sheet where you mark whether or not you expect there to be assets. They may go by that initially I suppose, then update later if necessary.

[HHM]

There is a place on the cover sheet where you mark whether or not you expect there to be assets. They may go by that initially I suppose, then update later if necessary.

That is exactly right. After the 341 meeting, the trustee files a report indicating whether he thinks you case is an asset or no asset case.

[bandrat]

Thanks everyone for your answers. Now I just have to wait,wait, wait...