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Can a trustee reopen BK after discharge?

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    #16
    Originally posted by debtmonster View Post
    I am looking into an opportunity that takes money, but I won't have the money until after I have filed BK and have it discharged.

    How long is the window of time before I can get any major assets in my name before anything can be take away? So is 180 days not long enough? Do I have to wait over a year before anything can go in my name after the discharge?
    Since bk is backward looking any assets you get the day after you file is yours to keep. If someone is loaning you money then you cannot borrow any money until after discharge.

    As far as I know inheritance and the lottery are the only things written into the law books that you would have to surrender to the trustee if you got them inside 180 days of filing.

    If someone's holding your assets until after discharge and giving it back then you are breaking the law.
    The essence of freedom is the proper limitation of Government

    Comment


      #17
      Originally posted by banca rotta View Post
      Since bk is backward looking any assets you get the day after you file is yours to keep. If someone is loaning you money then you cannot borrow any money until after discharge.

      As far as I know inheritance and the lottery are the only things written into the law books that you would have to surrender to the trustee.

      If someone's hold your assets until after discharge and giving it back then you are breaking the law.
      Go to Youtube and do a search on "Cash Gifting". There's more success stories on there than there are negative ones. I've talked to many people making lots of cash with these programs. I don't doubt that the program will work, what I am nervous is that if you start making $100k/mo. and start buying houses and cars for cash... that's when the red flags get raised.

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        #18
        You need to do more research on "cash gifting"...

        _________________________________________
        Filed 5 Year Chapter 13: April 2002
        Early Buy-Out: April 2006
        Discharge: August 2006

        "A credit card is a snake in your pocket"

        Comment


          #19
          I'll pass on the cash gifting thing. Give it a shot if you want and let us know.
          The essence of freedom is the proper limitation of Government

          Comment


            #20
            There's more positives than negatives. I've talked to more successful people at it. All of the people who fail at it don't spend any money on marketing. They try everything using on-line marketing. The problem with on-line marketing is that the Internet is completely saturated with people doing the same thing as all of them. It's almost like 500 people applying for the same job when only one can be hired. The issue with the Internet is that only 10 people can be on page 1 of search results. What good does that do with thousands are in the program all wanting those same 10 spots?

            In order for cash gifting to be successful, you have to spend hundreds or thousands on post cards every single month. You start small and then re-invest the gifts you get into larger mailings.

            I talked to one guy who mailed out 1,000 post cards and got back $4,000 from it. That's well worth the investment.

            The negative is that you need a few grand to invest up front. You need money for the gifting and then you need money for the marketing. My issue is that I'm going bankrupt. If the trustee is going to look at my bank statements for the past 6 months, how do I explain why I am taking out such large chunks of money? That would raise huge red flags.

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              #21
              Originally posted by banca rotta View Post
              I'll pass on the cash gifting thing. Give it a shot if you want and let us know.
              I can't let you know because in order to promote it on here, everyone would know my full real name and address. That has to be exposed in the gifting program because people need to know where to send the cash.

              I don't need those hassles as I am hated on here by many, which I also reciprocate the hatred. The people who hate me would have my address and I wouldn't have theirs. That's not good.

              Comment


                #22
                Originally posted by debtmonster View Post
                I can't let you know because in order to promote it on here, everyone would know my full real name and address. That has to be exposed in the gifting program because people need to know where to send the cash.

                I don't need those hassles as I am hated on here by many, which I also reciprocate the hatred. The people who hate me would have my address and I wouldn't have theirs. That's not good.

                Hate is too strong a word. There is no hatred on the bk forum. Only love.

                We oppose each other but we all still love each other.

                Before you say it I too am ROFLMAO!!!!
                The essence of freedom is the proper limitation of Government

                Comment


                  #23
                  Originally posted by banca rotta View Post
                  Hate is too strong a word. There is no hatred on the bk forum. Only love.

                  We oppose each other but we all still love each other.

                  Before you say it I too am ROFLMAO!!!!
                  Nope.... there's hate. If some of the people who harass me in person were here, let's just say there would be some serious felonies going on.

                  Thank bankruptcy situation just adds more hate as it's causing more distress.

                  Comment


                    #24
                    Originally posted by debtmonster View Post

                    I talked to one guy who mailed out 1,000 post cards and got back $4,000 from it. That's well worth the investment.
                    He's trying to recruit new members.

                    Comment


                      #25
                      Originally posted by GreenInkOnPaper View Post
                      He's trying to recruit new members.
                      Exactly. Why else would you mail out post cards for? There's no such thing as a free lunch. If you want cash gifts, people have to know about you.

                      Comment


                        #26
                        Originally posted by debtmonster View Post
                        Exactly. Why else would you mail out post cards for? There's no such thing as a free lunch. If you want cash gifts, people have to know about you.
                        What I mean is, you are going to hear only good things from the people already involved in ti.

                        Comment


                          #27
                          Originally posted by debtmonster View Post
                          Nope.... there's hate. If some of the people who harass me in person were here, let's just say there would be some serious felonies going on.

                          Thank bankruptcy situation just adds more hate as it's causing more distress.
                          I don't hate you. You feel sorry for yourself and go to great lengthes to get attention, even if it's negative. You don't post helpful answers. You don't add insight to any thread. You simply highjack posts and eventually crash and burn when someone shuts you down. Personally, I don't even know why you are here. Are you filing BK? Is your spouse? Mom or Dad?

                          This forum is for people who are filing, have filed or considering BK. Maybe you can find a forum for self-loathing crybabies blaming everyone and everything else for their problems who want to kill themselves and others while sitting at home making tons of money and looking for a local Klan organizaton to join. Wouldn't that be more suitable for you?

                          Comment


                            #28
                            Originally posted by GreenInkOnPaper View Post
                            What I mean is, you are going to hear only good things from the people already involved in ti.
                            You've heard the saying... "If you keep doing what you're doing, you'll have what you have."

                            All of the people who are rich today are not rich because they consulted people who told them not to "dive in". They took risks and they paid off.

                            What you said is a general statement. If I were looking to be a doctor, dentist, lawyer, mechanic, etc... it would all be the same as they are already involved in it.

                            So far I have not seen a ton of "unsuccessful" people. You can find lots of unsuccessful people in all walks of life, not just gifting.

                            It's a way out.

                            Comment


                              #29
                              Originally posted by GreenInkOnPaper View Post
                              I don't hate you. You feel sorry for yourself and go to great lengthes to get attention, even if it's negative. You don't post helpful answers. You don't add insight to any thread. You simply highjack posts and eventually crash and burn when someone shuts you down. Personally, I don't even know why you are here. Are you filing BK? Is your spouse? Mom or Dad?

                              This forum is for people who are filing, have filed or considering BK. Maybe you can find a forum for self-loathing crybabies blaming everyone and everything else for their problems who want to kill themselves and others while sitting at home making tons of money and looking for a local Klan organizaton to join. Wouldn't that be more suitable for you?
                              Knowing a few bi-polar people in my lifetime, I would state that could be the cause for the ups and downs and the need to seek constant risk/excitement that is exhibited on a continual basis.
                              _________________________________________
                              Filed 5 Year Chapter 13: April 2002
                              Early Buy-Out: April 2006
                              Discharge: August 2006

                              "A credit card is a snake in your pocket"

                              Comment


                                #30
                                What would happen if after your discharged your parents gave you some money to get you back on your feet. Would the court come after it.

                                Comment

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