Post 341 Meeting - Bank Transfer ???'s

[TooBrokeToJoke]

Ok, I don't know what cash advances are, but I know we've done 4 bank transfers in the last year and a half. My lawyer knew we had done a transfer just before filing, we did our last one on 3/6/08, we filed on 7/24/08, thats like 140 days before we filed. We sat and listened to the trustee ask people if they've done bank transfers in the past 90 days, we went up confident we hadn't, well, then we get up there and he doesn't say the 90 days part... we looked at the lawyer before saying yes. he gave us no nod or anything to say no, then he acts as if he had no idea we had any transfers, and then he asks us "are you that couple that switched from one account to another?", we looked at him, sort of shocked that we talked with him and gone over this only days before... so we just stood there, like idiots, until the lawyer answered for us.

The lawyer told him that the amount was switched from one account to another, and then back, and said this would equal 0. But my husband and I both know that isn't right, what the heck was my lawyer thinking?

Anyways our final transfer 140 days before we filed was from discover to capital one for $5800.00. How badly is this going to affect me? I have to get this info to the lawyer by friday so the trustee can have it by tuesday, we are sending him the info, of all four transfers we've done, (the first 3 were in feb, aug and nov of last year), tomorrow, so he gets it to the trustee quickly.

We aren't trying to hide anything, we weren't trying to ditch anyone. We stopped making all payments in April/May when the lawyer said we should. When we did these transfers, we did them for the purpose of lower interest and when you transfer you get excused a payment, so it's as if you get a month off from paying on it. But this didn't help, and we still had to file.

Any input?

[TooBrokeToJoke]

can nobody answer this? i'm screwed...

[GreenInkOnPaper]

Is shifting between credit cards a "bank" transfer? I think that's a balance transfer. Plus - it was 140 days ago? Did you make any payments?

[TooBrokeToJoke]

my husbad made the transfer without me knowing, he did all of them that way. so i don't know if we made any payments to the credit card after we switched the balances. yes, i guess it is called a balance transfer...

[jessegirl]

do you have any statements from the credit card that you can look at? How about looking in your check book to see if you paid them?

[AngelinaCatHub]

“Toobroke”; Let’s see if I understand this, you moved the same money back and forth? It was hard to keep up with what went on. That could be why the lawyer said zero on the balance as if you put it in, then put it back the zero on one account. However, I’m still confused and this may be what your Trustee sees. Why do things that give the impression of guilt even if you are NOT guilty. It looks like a shell game to me. I think you need to set down with your lawyer and make out a time line grid of what went where when it went.

I’m sorry but I’m trying to help but I can’t understand what was going with all the money moving. ‘Hub

[TooBrokeToJoke]

febuary 2007 we transferred the amount from discover to chase
august 2007 we transferred money from chase to capital one
(we did that because chase wouldn't help us get money back from a
scammer, and decided canceling them would be best, cause they suck)
november 2007 we transferred from bank of america to capital one
march 2008 we transferred from discover to capital one

we did all this because capital one offered us the best % and we love them.

so we have like $300 or so on discover
we have $5,000 on capital one
and like $10,000 on bank of america

does that help? i couldn't get ahold of my lawyer today, hopefully tomorrow. cause he wants this crap by friday. we have the statements saying that we switched them.