Can I sell a car in C7 to make our ends meet?

[AngelinaCatHub]

We have an old Junker that I was offered 1k for. It has sat for four years, and is a fixer upper that I'm not able to do. It was "abandoned" as an asset in a Court paper abandoning certain assets as not worth selling. The value of the car to me is junk but this guy wants it as it is a 68 Chev Impala and he wants to make it run again? 'Hub

[laurannm]

I'm not 100% sure but our lawyer just sent us a letter listing all of the Do's and Don'ts as we await our 341, and he specifically stated not to sell/trade-in any vehicles.

[TEW]

If you get 1000 bucks for it, the $1000.00 can be counted as income on your means test. I quess it depends on how close you are on the test.

[AngelinaCatHub]

If you get 1000 bucks for it, the $1000.00 can be counted as income on your means test. I quess it depends on how close you are on the test.

We are far beyond that. We are six months waiting after 341, with no news.

[ThreadsSnapping]

If it has been abandoned by the trustee I can't see why you couldn't. My guess is that after the fees for towing, storage, advertising and just dealing with the hassle of selling it the trustee wouldn't pocket much from it for the effort.

Just my thoughts.

TS

[BKParalegal]

Thread is correct, in regards to the Trustee abandoning the asset, you should be able to sell it with no problem, the funkiness is you are still involved with an Adversary Proceeding and so it is hard to accurately comment.

Good Luck

[AngelinaCatHub]

Thread is correct, in regards to the Trustee abandoning the asset, you should be able to sell it with no problem, the funkiness is you are still involved with an Adversary Proceeding and so it is hard to accurately comment.

Good Luck

Thank you. Sure wish I could know how to handle the AH. I shall cross that bridge on 8/19 and pro se. Got lots of law as It matters more to me than bk. 'Hub, Thanks.