top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Look's like I am being turned into an asset case

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • AngelinaCatHub
    replied
    Originally posted by backtoschool View Post
    It means that the trustee is suitable to act as his own attorney on behalf of administering my case. An affadavit of disinterest is filed whenever the trustee wants to hire himself as a lawyer in regards to a case. In my case it probably means that he is going to take my tax return and maybe some other property, or it could mean a 2004 exam in regards to my property since I used to be high income. Who knows.... I think its in regards to the tax return.
    Thanks for that definition. I've never heard of such a thing. Now we had a motion to have a Trustee hire a lawyer and then we had a simple in the lawyer's office interview. It was a 2004 in which we paid back our god-daughter's loan.

    The final compromise was that I would pay in six months when my retirement annuity would be due. They accepted for less and all is well.

    It is probably your tax return. 'Hub

    Leave a comment:


  • leena
    replied
    I think you will be just fine. The trustee just got his nose out of joint about your case and is making what hassle he can. Considering you have little to nothing left and are under median income, it will not I predict amount to much at all but hassle.

    Leave a comment:


  • 2manybills
    replied
    Originally posted by backtoschool View Post
    Thanks for the kind words 2manybills! Well, as you know, I was expecting this... I hope it's just the tax return.
    I'm pretty sure he only had 30 days to object to your exemptions. So it seems like that would be it. Keep us posted!

    Leave a comment:


  • backtoschool
    replied
    Originally posted by 2manybills View Post
    Oh man bts, I'm so sorry to hear that! This TT has sure taken an interest in your case. In my mind, it doesn't matter if you made a lot of money at one time and don't now -- HELLO?? Has this person not seen what has happened to the entire country?!
    Thanks for the kind words 2manybills! Well, as you know, I was expecting this... I hope it's just the tax return.

    Leave a comment:


  • 2manybills
    replied
    Oh man bts, I'm so sorry to hear that! This TT has sure taken an interest in your case. In my mind, it doesn't matter if you made a lot of money at one time and don't now -- HELLO?? Has this person not seen what has happened to the entire country?!

    Leave a comment:


  • backtoschool
    replied
    Originally posted by Pizza View Post
    Taking an anticipated tax return is standard procedure. That's one reason that filing when a tax return is going to be (or was) low is a wise practice. I wouldn't lose any sleep over it if your exemptions cover your current assets. The trustee also takes the return on an accrual basis rather than just snatching the whole thing when it arrives, ie. the amount of the upcoming return from the day you file backwards; unless you just got one, in which case you'll want to spend it on necessities and keep proof of where the money went.
    Thanks Pizza! I can't imagine it would be a 2004 exam at this point since I am way under the median, the US Trustee wasn't involved, and the date to object to exemptions is past due. I am still showing as a status of waiting for discharge. I would imagine I will be seeing a trustee's report of assets soon, but it isn't there yet.

    Leave a comment:


  • Pizza
    replied
    Originally posted by backtoschool View Post
    It means that the trustee is suitable to act as his own attorney on behalf of administering my case. An affadavit of disinterest is filed whenever the trustee wants to hire himself as a lawyer in regards to a case. In my case it probably means that he is going to take my tax return and maybe some other property, or it could mean a 2004 exam in regards to my property since I used to be high income. Who knows.... I think its in regards to the tax return.
    Taking an anticipated tax return is standard procedure. That's one reason that filing when a tax return is going to be (or was) low is a wise practice. I wouldn't lose any sleep over it if your exemptions cover your current assets. The trustee also takes the return on an accrual basis rather than just snatching the whole thing when it arrives, ie. the amount of the upcoming return from the day you file backwards; unless you just got one, in which case you'll want to spend it on necessities and keep proof of where the money went.

    Leave a comment:


  • backtoschool
    replied
    Originally posted by anuta View Post
    So sorry to hear this Backto school. Everything seemed to be running along smoothly ( well the 341 was bumpy) Can you explain what "an affadavit of disinterest" is?
    It means that the trustee is suitable to act as his own attorney on behalf of administering my case. An affadavit of disinterest is filed whenever the trustee wants to hire himself as a lawyer in regards to a case. In my case it probably means that he is going to take my tax return and maybe some other property, or it could mean a 2004 exam in regards to my property since I used to be high income. Who knows.... I think its in regards to the tax return.

    Leave a comment:


  • howtoplan
    replied
    to employ counsel

    We have had the trustee employ counsel to assist in our case. So far it looks like it was done to off load some of the work and maybe to answer some more specific legal issues. I will let you know. Good Luck

    Leave a comment:


  • anuta
    replied
    So sorry to hear this Backto school. Everything seemed to be running along smoothly ( well the 341 was bumpy) Can you explain what "an affadavit of disinterest" is?

    Leave a comment:


  • Look's like I am being turned into an asset case

    Hi all,

    I logged into pacer today and found a new document filed by my trustee. It's an notice to employ trustee as attorney in the docket, and I looked at the document and it is an affadavit of disinterest. Since my date for objecting to exemptions is past, I am assuming this is related to my tax return.

    I have not had my case turned to an asset case yet, but I am assuming that is coming as the documents get put into pacer by the trustee.

    If anyone has any experience of having the trustee file an affadavit of disinterest and/or a notice to employ trustee, I would love some comments.

    Thanks in advance....

bottom Ad Widget

Collapse
Working...
X