100K limit? myth or real

[halloweendmb1]

I am printing out one years worth just to be safe tomorrow

[Cali]

Does the 10 day rule start the day of or the day after?

It seems awfully late in your case for the UST to appear. I'll bet they don't get involved in your case because of your husband's deployment. Congress did a lousy job of defining "special circumstances" rebutting abuse but military deployment was one specifically mentioned in 11 USC so I'd be surprised if the UST would file a presumed abuse statement. Their time is almost up anyway (10 day rule).

[Cali]

I didn't have any credit card statement.

[Priceless ProSe]

Well, lets hope my case is one of those where the people say, " the trustee didnt ask me anything" because I am not able to log into ANY of my accounts (like 12 of them). I do have one or two statemnts for each card, but will this really be a big deal? If he is looking at the statements for hidden assets then hopefully he will see I dont have any CC for more than 2500 bucks and leave it be.

[Priceless ProSe]

This credit card statement thing is honestly all new to me, I had no idea they might ask for this, although it makes perfect sense. Hopefully my online access is ok, ill let you guys know.

[Lajazz947]

I think you will find that very shortly after you file you will have no access to online statements or any online account services with creditors on your matrix. Chase really is clever... we signed up for email statements thinking we could print them later and the images of the statements that were inserted in those emails weren't downloaded images at all - they were all just links.

Jeez, is this even legal?

Can someone ask their attorney before I ask mine?

[Help!]

I think you will find that very shortly after you file you will have no access to online statements or any online account services with creditors on your matrix. Chase really is clever... we signed up for email statements thinking we could print them later and the images of the statements that were inserted in those emails weren't downloaded images at all - they were all just links.

[Lajazz947]

Good ideas. I will try all of those. Let me see what my attorney needs since I did give him all of the past 7 months worth.

[Priceless ProSe]

Chase seems to be such a pain. Thanks for the heads up.

Don't they have a legal duty to give us this information?

What if the issue were an IRS audit and not a BK, I am sure that they would not have any issues then.

Maybe if you call them on the phone you should just tell them you ARE being audited by the IRS and need the statements ASAP. Even better, tell them youve had a change of heart and "might" pay them there money if you can verify all of your charges for the past two years, in which case you need all the statements ASAP. Lastly, cant you guys access your past statements online?

[csrhjr31]

My husband and I have over 100k in just student loans, which put our unsecured debt very high. Our lawyer said that if the UST asks at the 341 why we have so much unsecured debt, he said we should answer with "108 is in student loans."

She didn't even ask us at our 341, and she marked us as a no asset after 2 minutes.

[Lajazz947]

Chase seems to be such a pain. Thanks for the heads up.

Don't they have a legal duty to give us this information?

What if the issue were an IRS audit and not a BK, I am sure that they would not have any issues then.

[Help!]

It is very important to get copies of any missing CC statements BEFORE you file. We were missing a couple and the CC companies (especially Chase) refused to issue copies. B of A told us they would mail them, then didn't. I'm sure they "got lost in the mail".

[Lajazz947]

Fantastic.

I only have the 2008 records, maybe some in 2007 but I will certainly get them.

I can document every penny as well, I just need to get going on it.

Good luck.

[slam22]

So how does your attorney plan on dealing with his issue? After reading these posts I am now getting myself ready for battle.

Has the UST asked for anything in particular that we should be prepared for?

Thanks

I think the main thing that our attorney wanted from us was just being abole to document as much as we can. We've got copies of every bank statement, 401k statement, credit card statement, brokerage statement for the past two years, ever since my wife lost her job. It shows where every penny went. That's when the downward spiral began. My advice would be to just do as much of this as you can prior to filing and your 341 hearing. If the trustee asks for it then you'll have it ready to turn over to him/her without having to scramble at the last minute to get it.

[Lajazz947]

Cali our attorney told us the same thing bascially. We have 200k unsecured, not counting our 200k (now unsecured HELOC due to upside down). We are about 30k over the median.

So how does your attorney plan on dealing with his issue? After reading these posts I am now getting myself ready for battle.

Has the UST asked for anything in particular that we should be prepared for?

Thanks