341 Tomorrow! (Eastern District of California)

[jalex]

Well, our 341 is tomorrow.. 8AM, bright and early.

The trustee has continuances starting at 7:30, so I'm going to sit in on those to size him up.

I'm amazingly not all that worried about it. We did all of our counseling, the lawyer is pretty sharp, numbers all look reasonable...so it should be easy. *crosses fingers*

[jalex]

Everything worked out for us. The trustee only asked the basic questions, nothing more.

I guess it helped that our case was pretty easy. Not like some of the other ones we saw...one guy had 8 horses, and another had an airplane!

Anyhow, 341 was extremely easy...not worth any of fretting I did over it.

[mtbc]

That's great. Yeah, in the chapter 7 we heard cases where people had multiple rental properties, or had cars and a boat and whatever, and I had to laugh to think how poor we must have sounded compared to them.

[freedom0717]

Hello jalex! We have our 341 meeting next week, also in the Eastern District of California. I'm glad to hear that your meeting was uneventful, that's what I'm hoping for as well. We don't have anything like horses or airplanes so hopefully it will be fairly painless! Thanks for posting!

[jalex]

Hello jalex! We have our 341 meeting next week, also in the Eastern District of California. I'm glad to hear that your meeting was uneventful, that's what I'm hoping for as well. We don't have anything like horses or airplanes so hopefully it will be fairly painless! Thanks for posting!

Good luck! If there is one bit of advice I can give...just answer yes or no. Don't volunteer anything, don't try to make smalltalk, just answer the questions. There were many people that were nervous and got some extra scrutiny because they blurted out something that caught the trustee's attention. When you're in the hot seat like that, with your entire financial life for the past few years floating around in your head it is pretty easy to say something that has no bearing on your case, but will make the trustee grill you further.

Also, make sure you are very clearly saying YES or NO..not yeah, uh huh, or any of that. They tape it, so the trustee wants your response to be clear.

Otherwise, just relax, you'll do fine. Unless you're hiding 8 horses and an airplane at your vacation house!

[AngelinaCat]

Congratulations Jalex. Welcome to the 60 Day Club.

[freedom0717]

Jalex - HAHAHA! Thanks for the laugh! Luckily I don't have 8 horses and an airplane hiding at my vacation home! Thank you for the advice, I REALLY appreciate it! I will definitly be following your instructions!! Thank you again for posting. For those of us that haven't experienced these things yet, it's so helpful to get advice from others. Thank you!

[Michigan1951]

Step by step, day by day, your 341 is over........enjoy the next 60 days!! Welcome!!

[potsie834]

Jalex, who was your Trustee? I too have a 341 in March in the Eastern District of California, and I found on Pacer that our Trustee is Jeffery Vetter. Like to know if its the same guy.

Potsie834

[mtbc]

Don't volunteer anything

Yes -- we had a bunch of accounts receivable listed that I don't think the trustee even noticed among all the other pages. Someone else failed to list theirs, of much less value, so they had to mention it, and the trustee sure was interested.

[jalex]

Jalex, who was your Trustee? I too have a 341 in March in the Eastern District of California, and I found on Pacer that our Trustee is Jeffery Vetter. Like to know if its the same guy.

Potsie834

Nope, it's not the same guy. We're up in the Sacramento area, and Michael Burkhart was our trustee. You might try doing a Google search for something like "Jeffery Vetter trustee" and see if anything interesting pops up. You can also sit in on some of his other 341 hearings if you really want to check him out. That's pretty much what I did. I went in early for ours to listen to a few before hand to see what everything was all about.

[jalex]

Jalex - HAHAHA! Thanks for the laugh! Luckily I don't have 8 horses and an airplane hiding at my vacation home! Thank you for the advice, I REALLY appreciate it! I will definitly be following your instructions!! Thank you again for posting. For those of us that haven't experienced these things yet, it's so helpful to get advice from others. Thank you!

You're welcome, and good luck!

[jalex]

Step by step, day by day, your 341 is over........enjoy the next 60 days!! Welcome!!

Thanks!

[jalex]

Yes -- we had a bunch of accounts receivable listed that I don't think the trustee even noticed among all the other pages. Someone else failed to list theirs, of much less value, so they had to mention it, and the trustee sure was interested.

That was one of the things I noticed as well. The items that caused the most uncomfortable grilling were the ones that didn't make it on the paperwork, but came up in the answers to other questions. His whole attitude shifted once he found one of those. So even an honest omission that pops up later will bring greater scrutiny.

[SPalin]

In the Fresno division of the Eastern court of California the trustee (Robert Hawkins) used each case to highlight different issues and also similarities. In my case I listed to reaffirmation the house, at the 341 he asked what my intents were and I responded we would surrender the house. His response was "well since your 160% underwater, that is a good decision." I'm sure 95% i attendance at that 341 were underwater on their homes! Also, make sure you turn the ringer off your mobile phone.