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Gosh Im Nervous!

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    Gosh Im Nervous!

    As i mentioned I only prepare the petition, after the lawyer or the paralegal got the information i need to file, they hand it to me and i start my job. Anyway
    i have posted this question.

    Im nervous about this client, i dont want to screw him up. He is such a good client specially whenit comes to paying.
    I have discussed with my lawyer about his taxes again.
    My lawyer insisted to me to just file his taxes january then end and file Bk.
    thats exactly what she said. she said we wil your the return as an excuse on paying us the law office. do you guys believe this.

    Now what im telling my client is. to have him aware that what i do was what the lawyer asked me to. if he trust me i will do my best to keep it, and if it didnt work that way will you get piss? hahahha. Well hes my friends thats why im worried. im just waiting for his w2 and im ready to file his taxes.

    HE owes 90k unsecured debts. (i think hes paying 2500 a month with all of them, very high interest isnt it?)
    has 15k cd account (can u believe that?)
    2k in savings accnt
    gross income of 3200 Monthly
    rent payment 1600 a month
    truck payment 270 around like that.
    When i look at his income and the bills he pay nothing is left for him.
    however with his cd account i kinda see some red flag there. so i suggested him to take it all out. asap! little by little whatever way he can them.
    and will file BK for him feb. what do u think? thank guys
    married with 2 kids.

    #2
    His rent is to high he needs to find another place to live. He needs a rent payment of half that really.

    I mean if his gross income is really 3200 and his rent is 1600 with a 270 truck payment I have to wonder how he meets basic expenses for his 4 person family. Bk alone will not save him.

    Converting the CDs now might be a bad idea. The Trustee could but may not ask what the money was spent on even if taken out slowly. It could be viewed as hiding assets.
    May 31st, 2007: Petition Filed by my lawyer
    July 2nd, 2007: 341 Meeting Held
    September 4th, 2007: Discharged and Closed.

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      #3
      Philslyn - we can't give legal advice on here - you will have to follow the attorney's instructions for your client. To do anything otherwise via other advice is an ethics violation and a violation of the attorney/client privilege. You should not be addressing a client's issues on a public internet site.
      _________________________________________
      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


        #4
        Oh I apologized

        Im aware of that.. is there anyway you i can delete my post?
        i wil start doing it now.. sorry my bad!
        yes im aware of that! i just figured who wud know who im talking about?
        but to not violate this forum i will solve this. right now! i apologized again!
        i love this forum, i get to share what i learned and get to ask what i dont know.

        Comment

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