341 today - did I foul up?

[cana]

just had 341 today.

Everything went well. I mentioned a car which I had co-signed, but did not pay for it (and was not paid a penny when that thing got sold).

However, I had a junk stock portfolio of about $2,000. Even including that, my assets are way less than my state exemptiions.

But the trustee began to ask about that stock, which I don't even remember why I bought that. The Trustee didn't recognize the stock symbol (Well, I don't remember either).

The trustee asked why I bought this stock, and with what money. I answered with the best of my knowledge - I had it for some time but it lost value.

And then the trustee dismissed me the usual way, not saying any more.

I feel very nervous about this. Did I foul up about this one? That trustee is very concerned with such things, it seems.

Is it likely that the trustee will give me a hard time for that 2k portfolio, which is covered in my exemptions?

Strangely not one question was asked about my income or expense.

[StaciMM]

You should be fine. I don't think its common for people in BK to have stock, which would explain why he wanted more info. Worst case scenario, he may ask for documentation of what its worth and when you acquired it, which should not be too difficult to provide.

For the cosigned car, did you list that as a creditor? If not, you should probably amend so that if the other person ever defaults, you are not held liable.

[cana]

No. That car was paid off by the person who bought the car, and sold off more than two years before today. I didn't see a penny, which is understandable since I didn't pay a penny either.

[bkfiler]

the stock price is what it is. nothing more to it then that. if its exempt then thats all there is to it. maybe the question was to get at if you bought it with cash advances recently. they go after any money when they think they smell it.

probably wanted the 'desk' you were using when you bought the stock (inside joke for staci)

[Minnymouth]

Believe me, if the Trustee wanted StacciMM "desk" - he'd take it.........

I told mine Saturday - why don't you just take the shirt off my back before you leave....... when he told me he was also selling my stove, frig, etc and my big portable storage building.... None of these were in his petition to auction..... (bad mistake on his part)......... payday....


Minny