Objections to my cash advances?

[Willy13]

There is one possible big problem here. I did not read all of the posts so it may of been mentioned.

But when you sign up for a credit card it states in the card agreement that you are not supposed to use funds from that card for investments.

If the card company checks this and finds out they will most likely object and win. If you dont believe me then read your card member agreement.

I wonder how this works if all your transfers go into a checking account first. If then only some of the money goes into the stock market and some never leaves the checking account and is used for payments etc. How can one credit card company prove you broke their terms since there is no way to tell which money from which card was applied to what. I was only able to find one of my cards that specifically prohibited purchasing securities and this was a Discover card with only a small credit limit.

On another topic, one thing I found was that a couple of my cards actually said you could use the cards for gambling and lottery. This was even on one of my business cards. That same card said for use for business purposes only. How is gambling and lottery a legit business expense?

[okiemom2008]

So you made a least 3 payments in your acct and it is over 6 months, you should be ok, but the trustee may still ask what you did with that money. The trustee can asks you any question he wants and because your dischrge depends on his recommendation, you want to answer.

If you spent the money on a vehicle for business then when the business went under you sold it and bought another vehcile would they take that vehicle?We made payment since June but cant make the full amount anymore