Bank Statements

[santadawg]

Hi all, finally filed on 12/29/08----341 end of this month----ch-7 no assets under the medium.
My question is----- I gave my BK Lawyer all the paperwork over the last few months, but he still has never asked for any banks statements. Due you think the trustee will asked for these. Also, on Pacer it says ---- UST wants to only be notified if the trustee finds assets over 1000.00. Is that normal?

Thanks everyone for your help, this forum is great.

[jdphillips73]

I filed in december as well, my lawyer also didnt ask for bank statements. I had visited 3 lawyers in my search and had the standard paperwork packets from all three. 2 of them said to have bank statements available from the last two years in case the trustee asks for it. So i have them available...

[santadawg]

That's what I thought too JD, thanks

[jennordhavn]

My trustee did not ask for bank statements, only tax returns and pay stubs.

[magyar123]

Better take a year's worth of bank statements with you - just to be safe. You definitely don't want to hold up/delay or reschedule the 341 hearing.

[AngelinaCat]

We had to give 6 months worth of bank statements, pay stubs and/or pay advices, along with our income tax papers for two years.

Isn't it wonderful how this requirement varies so much from place to place?!

[magyar123]

We had to give 6 months worth of bank statements, pay stubs and/or pay advices, along with our income tax papers for two years.

Isn't it wonderful how this requirement varies so much from place to place?!

It's like different strokes for different folks. Even within the same state, maybe even from one trustee to another.

[Intoodeep80]

I gave my lawyer 3 mo's of bank statements (sept-dec) and I was going to bring those with me again (I have the originals AND Januarys.)

I pray to God they do not want a years or 2 years worth. I have closed the checking account I had during that timeframe and didnt get paper statements - only online and even then I never printed them.

[jribe]

I gave my lawyer 3 mo's of bank statements (sept-dec) and I was going to bring those with me again (I have the originals AND Januarys.)

I pray to God they do not want a years or 2 years worth. I have closed the checking account I had during that timeframe and didnt get paper statements - only online and even then I never printed them.

Just an FYI- you can go to any branch of your old bank and get the copies. If you don't have the account numbers any longer, they can call their internal help desk to find the accounts with your social and get the statements for you. Most banks do charge a fee though, since they had previously made the statements available either by web or mail. Usually $2 a statement

[Intoodeep80]

I will call my Lawyer today and ask.

I did get kudos from my lawyer for using a credit counseling service that I found here on bkforums that was ALOT cheaper than what they recommended to me ($50 vs. $14.95) The Lawyer also said its obvious I do my homework. I was too proud to tell them that I come here to find all the info..lol

[santadawg]

Also, in the letter to the trustee the UST stated they only want to be notified if he (the Trustee) finds assets over 1000.00. Is that normal?

[drowningindebt1]

What is the difference between Income tax statements and tax returns?

[magyar123]

What is the difference between Income tax statements and tax returns?

Statements are only forms - W2s, 1099s, etc.
A tax return is a summary of all these statements, and contains the calculation of your total income MINUS any deductions arriving at your taxable income.
By the way - will this be your first ever year of having to file?

[screwedupbyRE]

I asked my attorney, he said come barehanded.

[Help!]

Also, in the letter to the trustee the UST stated they only want to be notified if he (the Trustee) finds assets over 1000.00. Is that normal?

Do you have assets over $1000 that can't be covered with exemptions? If so, I'd start getting those bank statements together.