Questions

[phillyflash]

Hi,

I just had my 341 meeting and I survived! I guess I have a few questions now that my 341 meeting is completed.

1. I am currently unemployed. How soon before I can start looking for a job?
2. Will I be notified by the trustee or my lawyer if any of my money in my bank accounts will have to be turned over?

Thanks for your help! Though I had nerves before my 341 meeting, reading the postings really helped me get thru it.

[bkfiler]

great to hear! whoo hoo! now you are part of the 60 day club!

1. I am currently unemployed. How soon before I can start looking for a job?

A: if you make more money then your unemployment gives you then you could end up with a problem. doubt it. but think about what happens if the US Trustee complains about something and then you are in the mix again. people who don't find work until after their discharge are the safest. however, more likely than not nothing will ever become of it if the trustees don't have an issue with your case before dishcarge.

2. Will I be notified by the trustee or my lawyer if any of my money in my bank accounts will have to be turned over?

A: your attorney should already know if your money isn't exempt. thats sort of a cut and dry issue. if it was claimed as exempt then its probably a done deal. why do you think there will be an issue? i like to ask because each person knows their own case the best.

[phillyflash]

Questions

Thanks for the woo-hoo and answers BK. I am currently not receiving no unemployment and figure it may be best to wait till my discharge.

As far as my checking and savings, they are both joint accounts totaling about $4k. I am not sure if they were exempt or not, will need to check with my attorney.

Thanks again!

[bkfiler]

well, you attorney listed it on your forms with an exemption next to it so you can check there in the mean time.

also, how much did your attorney list as income for you? i would imagine that its safe to get income to at least that level.

good luck! let us know

[StaciMM]

If the savings/checking are joint and your debts are not (assuming you filed on your own) then that money may be safe. It depends on your state, but there are some where joint assets can't be used to pay debts that are not joint.

I would think that if your attorney didn't forwarn you to expect to have to pay it, then either that applies to you or there is a wild card exemption that could cover your accounts.

Regarding finding a job... Perhaps try to find something seasonal or part time for now? Even though you filed w/ no income, you still had expenses, right? (I'm just thinking that if you find something that brings in some money, but not more than your expenses, you'd be ok.)