1. What are they looking for when the trustee looks at your bank statements during the 341 meeting? I do have alot of debits on my checking account over the past few months, mostly food and other essentials from Walmart and so on (shampoo, soap, toilet paper) and a few other things that I wouldn't consider luxury items per se, some new sheets, blanket, a couple of DVDs, went out to eat a few times, not to mention my car, insurance, and some creditors which I do still pay. Are they going to hold this against me in some way? I didn't charge any of this stuff, but would the trustee look at this as me trying to take non-exempt property (my cash) and convert it into non-exempt property? Also, can I pay off two of my creditors (less than $600 each) before I file so I don't have to list them? Of course these payments will come from my checking account. Will this be counted against me in anyway?
2. I have nearly $3000 in U.S. government bonds. When I say I have them, they were bought for me by my parents when I was younger, in both my name and theirs, but I don't actually have them. They are in possession of my parents and in the past, some of them were given to me (nearly $4000) to pay for some college costs. What I'm saying is, they're mine, but then again, they're not, since I do have possession of them and do not even know where they're kept. If I was to keep this off of my exempt property list, could the trustee find out? Can and do trustees do searches of things like U.S. government-issued bonds and dismiss my case for evidence of fraud by me? Or because they are jointly in my name and my parents names, am I even required to list them? Then again, like I said, I don't really 'have' them in any sense of the word. Any thoughts? Thanks so much for all your help.
2. I have nearly $3000 in U.S. government bonds. When I say I have them, they were bought for me by my parents when I was younger, in both my name and theirs, but I don't actually have them. They are in possession of my parents and in the past, some of them were given to me (nearly $4000) to pay for some college costs. What I'm saying is, they're mine, but then again, they're not, since I do have possession of them and do not even know where they're kept. If I was to keep this off of my exempt property list, could the trustee find out? Can and do trustees do searches of things like U.S. government-issued bonds and dismiss my case for evidence of fraud by me? Or because they are jointly in my name and my parents names, am I even required to list them? Then again, like I said, I don't really 'have' them in any sense of the word. Any thoughts? Thanks so much for all your help.
Comment