341 was today
Well, our 341 was today and overall it went very well. We had one creditor show up and I damn near had a heart attack in the court room. American General showed up asking what we planned to do about our loan with them. I had completely forgotten that it was a secured loan with our 2 laptops. Well the one laptop is long gone as the motherboard go fried and it wasn't worth it to replace it. He seemed upset that I got rid of it. What did he expect me to do with it? Use it as a coaster?!?! Then he asked if we wanted to keep the other laptop. Well, let's see it's a 6 year old laptop that is worth about $150 on ebay on a good day and the loan balance is $980. But he was so nice and said he could make a deal and we could only pay $500. I told him I could get a brand new dell for $600. He said, "So I guess you want to surrender it then?" Well, Duh!!! He asked for my address and phone # but neither I nor my lawyer think they will call.
Afer that we went back into the main room and a few minutes later we were called up. The trustee asked us a few questions mostly about if we had listed everything, understood everything and other basic questions. No issues about the different last names, never even mentioned. Then he asked us about a house we had sold about 15 months ago and what we had done with the 18K we got from it. We had a garnishment for a judgement against me and also paid a bunch of bills with most of the money. He asked if we had borrowed any money from family and paid them back and we hadn't. And then we were done. No questions about changes in income which I was a little worried about since hubby had a bit of overtime recently. We were up there for 5 minutes tops. The UST was there for a few cases before us but not at the table when we were up there. We then went into the hallway and reaffirmed our car loans. We have a bit of equity, almost paid off and they are local so it wouldn't be hard for them to repo.
Overall, it wasn't as bad as I thought it would be. I was pretty nervous and went to the bathroom about 5 times in the 1.5 hours we were there.
I decided to check Pacer earlier and I almost fell out of my chair. The trustee has already entered his report of no distribution and our status is awaiting closing! So now the waiting begins and I am not a patient person but at least I can relax a little now and breathe.
TS
Afer that we went back into the main room and a few minutes later we were called up. The trustee asked us a few questions mostly about if we had listed everything, understood everything and other basic questions. No issues about the different last names, never even mentioned. Then he asked us about a house we had sold about 15 months ago and what we had done with the 18K we got from it. We had a garnishment for a judgement against me and also paid a bunch of bills with most of the money. He asked if we had borrowed any money from family and paid them back and we hadn't. And then we were done. No questions about changes in income which I was a little worried about since hubby had a bit of overtime recently. We were up there for 5 minutes tops. The UST was there for a few cases before us but not at the table when we were up there. We then went into the hallway and reaffirmed our car loans. We have a bit of equity, almost paid off and they are local so it wouldn't be hard for them to repo.
Overall, it wasn't as bad as I thought it would be. I was pretty nervous and went to the bathroom about 5 times in the 1.5 hours we were there.
I decided to check Pacer earlier and I almost fell out of my chair. The trustee has already entered his report of no distribution and our status is awaiting closing! So now the waiting begins and I am not a patient person but at least I can relax a little now and breathe.
TS
Comment