Hello All,
I've just filed for Chapt 7 in Iowa.
I have a relatively simple question pertaining to the Chapt. 7.
How does the Trustee actually collect any assets? Do they require you to bring them in, or do they show up at your house or the place where the asset is and just go through things until they find what they need?
Bringing non-exempt assets in to the Trustee will not pose a concern, as I allready have means to do this.
Now the concern I have:
The main reason I ask is that the few assets that I have are at more than 1 location; my parents house, and a storage shed.
I would simply like to provide a little common courtesy to my parents and the storage shed owner in the way of advance notice, if the Trustee does in fact come to my location to retrieve assets.
In the same matter, I'd like to extend the same courtesy to the Trustee by having everything non-exempt ready to go for them, so as not to take up more of their time than necessary.
I'm new to Bankruptcy in as a whole, so I'd appreciate any information on this matter.
Thanks Everyone!
I've just filed for Chapt 7 in Iowa.
I have a relatively simple question pertaining to the Chapt. 7.
How does the Trustee actually collect any assets? Do they require you to bring them in, or do they show up at your house or the place where the asset is and just go through things until they find what they need?
Bringing non-exempt assets in to the Trustee will not pose a concern, as I allready have means to do this.
Now the concern I have:
The main reason I ask is that the few assets that I have are at more than 1 location; my parents house, and a storage shed.
I would simply like to provide a little common courtesy to my parents and the storage shed owner in the way of advance notice, if the Trustee does in fact come to my location to retrieve assets.
In the same matter, I'd like to extend the same courtesy to the Trustee by having everything non-exempt ready to go for them, so as not to take up more of their time than necessary.
I'm new to Bankruptcy in as a whole, so I'd appreciate any information on this matter.
Thanks Everyone!
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