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Trustee now wants copy of 2007 taxes

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    #16
    Originally posted by MajorMike View Post
    Our attorney doesn't ask for tax returns. We were told that by the trustee himself.
    My trustee didn't ask for the tax returns either until this year. Lawyer sent me a letter saying the trustee wants a copy of 2007 tax return and I am old law.
    Filed Chapter 13: Aug 2004 Confirmed Aug 2005
    Early Buy-Out 43/60 months: April 2008 :clapping:
    Status: Case Closed Completed May 6-2008 :D
    Discharged: June 2008 :D:yes2::D

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      #17
      Originally posted by Flamingo View Post
      When I responded to you, you mentioned you were going to take out a "loan" to pay off your Chapter 13. I responded that if you were going to refinance or take out a "loan" that there are certain steps that needed to be done by you, your attorney and trustee before that could occur. Since you saved the money and don't need a loan from what I now understand from your recent postings, whatever is done in your district under the old law as to handling that sort of payoff situation is what will occur. In any event, since you are represented by an attorney, your attorney should be handling all this for you and you should not have to contact the trustee directly. Most trustees when contacted directly by debtors that are represented by attorneys will contact you back and advise you to go through your attorney, if they contact you at all. Best of luck to you and I hope all works out fine.
      Even when I was thinking of taking the loan out, my lawyer told me when I mentioned to him that I needed a letter from the trustee to take out the loan my lawyer told me that I am telling you right now there's no way the trustee is going to give you a letter. I was like why not? He said cause you don't need a letter to get a the loan you are post 36 months. I said is this something new cause as far as i know i was told i need a letter he said no.
      Filed Chapter 13: Aug 2004 Confirmed Aug 2005
      Early Buy-Out 43/60 months: April 2008 :clapping:
      Status: Case Closed Completed May 6-2008 :D
      Discharged: June 2008 :D:yes2::D

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        #18
        Originally posted by Pumpkin729 View Post
        Even when I was thinking of taking the loan out, my lawyer told me when I mentioned to him that I needed a letter from the trustee to take out the loan my lawyer told me that I am telling you right now there's no way the trustee is going to give you a letter. I was like why not? He said cause you don't need a letter to get a the loan you are post 36 months. I said is this something new cause as far as i know i was told i need a letter he said no.
        Well this is a new one for most of us because there is no bank or loan company on this planet that would extend a loan to someone in active Chapter 13, past 36 months or not, without Trustee permission. Something to me just does not sound right about what you are being told about some things but since you are represented by an attorney, you need to work through him to buy out. Hope all goes well for you.
        _________________________________________
        Filed 5 Year Chapter 13: April 2002
        Early Buy-Out: April 2006
        Discharge: August 2006

        "A credit card is a snake in your pocket"

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