Any Gainesville GA filers?

[4inga]

My 341 is scheduled for this Tuesday and I've been fine up until today. Having a lot of regrets the past 2 weeks and seeing 10 years as a LOOOOOONG way down the road.... A lot of explanation and humiliation is what I'm feeling....

Anyway- I'll be in the Gainesville Courthouse in GA and just wandering if anyone has had their 341 there recently? Anything on the trustees or anything I should expect?

Thanks-

[bkfiler]

its nothing to do with 10 years actually.

any debts discharged are gone in 7 years. the only thing that remains for 10 is the bk listing itself.

after 2 years you can get a home mortage for better then anyone else.

after 4+ years or so your credit score (if you pay all your bills on time) can be in the 700's.

besides, you dont need much credit any longer anyhow probably. deposits here and there might be higher but its still your money.

thats about all there is to the downside and its not that bad actually.

[alice0427]

My guess is that your credit probably wasn't perfect to begin with since you're in bankruptcy. You'll be better off in four years having filed than you would be if you hadn't.

Good luck to you!

[buriedindebt]

341 in Gainesville

There are 3 trustee's that I am aware of in GNV. 2 men, 1 woman..
All three are fair, honest & strickly to the point.... Mine was last week.
Your atty. should of advised you of what to bring already, he or she
will bring all info needed or told you to do so. If not make sure you have driver's lic. & SS card.
As well as 2 years IRS returns & at least 3 months bank statements. Also
you will be ask if you have bought & sold any real estate in the past 8 years.
You may or may not be ask for your IRS returns & bank statements, but it's good
to have them with you, otherwise it could delay your discharge date, if you or atty. does
not have them present at the 341 meeting. Remember every case is different.
If you have bought or sold property in the last eight years, just be prepared.
Question is likely to be:
What date did you buy and what date did you sell and for how much, and
what did you do with the proceeds? I was ask these exact questions.
Example: If you sold did you buy another house and for how much.
As far as your exemptions go, hopefully your atty. has told you what to expect regarding any amount over the limit. the 341 meeting rm. has about 20
seats . I really goes pretty quick. My only advice would be: ask your atty.
when you arrive at the meeting about his or her advice regarding the questions about your real estate transactions.. When you answer the trustee's question's just be honest an not elusive or I don't know.. When that
happens they just dig deeper... Best wishes, please let us know how it went.

[4inga]

There are 3 trustee's that I am aware of in GNV. 2 men, 1 woman..

Thanks for the tips- mine is the man... I think his last name is Patten?


As for the RE transactions we have bought and sold 2 houses in the past 8 years, with the most recent being in July- he did not tell me to bring anything regarding either transaction but does have the closing paperwork on the house sold in July. Never even mentioned the house 4 years ago... Should I dig for the closing paperwork? Not sure that I could put my fingers on it. Might be able to call my agent and see if she still has it on file.

And double shoot on the 2 years of tax returns. I'll have to start digging right now.... lol~

Thanks again-

[buriedindebt]

reply

You should be fine, Patten's a pretty straight shooter. From listening to
him, doesn't appear he's fishing.. I would not worry about closing statements,you can always get the tax stuff to your atty.,if trustee wants them.
just know the month & year you bought an sold on both props. and amounts
bought & sold. Do you currently own? He also represents BK filer's as well
as him being a trustee. I've seen him do both.... If you have not bought
another home and had a gain on your July sale, just tell him what you did with
money if he ask.. Make sure you & your atty. are on the same page if that
question arises.. Probably I'de be alittle more concerned about recent charges. If the creditor's do not show your most likely going to be ok.
If they show, there not going to make a seen in the room, relax a bit....
All they can do is object. Remember it cost them $250 to file any motion
or proceeding, plus they (the creditor) have to pay there attys. as well...
It can become quite expensive for them to say recover $2000..