spent $7,000 on Prostitutes, booze, and gambling

[scammer]

Well Welcome me!!!!!!!!!!!!!!!!!!!!!!!!!

Lets take a guess how many people are going to look at this post, come on, we all like to talk about the taboos....

My Trustee has requested 6 months of bank statements prior to me filing 10/15/05. Seems he wants to see all checks and expenses over $1,000. The only problem is I planned this whole deal out back when I got fired 2/05. See I am one of those people that used to go to church and volunteer time and care about where I worked. That all changed when I got booted(live in a wonderful at will employment state, IL) for a younger college grad, could do my job for half the salary. So my outlook is pretty nasty but getting better!!! So back to the story were the prostitutes come in, I took out $7,000 cash from checking account 5 months earlier and used it to stash away and other things. So when the Trustee sees that money missing what the hell can he do???????????????????
When I went for my 341 meeting every fool and his brother blames the mysterious loss of some $$$ on gambling!!!!! So yes I am asking the taboo, but I plan to tell the trustee when he asks where the dough went I blew it on Ho Ho's, getting drunk and gambling. What are they going to do, drag the girls in!!!! Breaking the law and preplanning bankruptcy is a fine line, but as long as I operate within the law, what can they do if I declare blowing the money on these things.

[tracy1878]

this is why people who file bankruptcy are looked down upon, way to go dude

[pink_amulet]

Welcome, I'm from Illinois also!! Nice attention headline...LOL

We filed in Sept, but had been planning since Feb also. Hey where did you have your 341??

Good luck to you!

pink_amulet

[HopeinHorizon]

My attorney advised me to just spend money on necessities to not draw any red flags for fraud once I had met with him...

There is a clause about purposely damaging assets that could be disbursed among creditors... but I don't have a clue if that applies to cash.

Also, I hope you listed the 7000 where it askes for gambling and other losses...

I will be the first to tell you I gambled and got myself in deep, and one time was within 90 days before filing. I had my 341 already and am hoping that 2/17 comes soon, and everything is discharged and I can go on with my new life of not gambling, paying with cash, and saving for the things I really want...

I hope that if you are serious about what happened that the courts will have mercy on you...

[scammer]

My attorney advised me to just spend money on necessities to not draw any red flags for fraud once I had met with him...

There is a clause about purposely damaging assets that could be disbursed among creditors... but I don't have a clue if that applies to cash.

Also, I hope you listed the 7000 where it askes for gambling and other losses...

I will be the first to tell you I gambled and got myself in deep, and one time was within 90 days before filing. I had my 341 already and am hoping that 2/17 comes soon, and everything is discharged and I can go on with my new life of not gambling, paying with cash, and saving for the things I really want...

I hope that if you are serious about what happened that the courts will have mercy on you...

Oops, I didn't list gambling, see you always learn something new. I had my 341 in the burbs of Chicago,
and you know I don't think we put that down. See I never brought it up. I considered myself solvent then and didn't think about that. Have to have my attorney, who by the way happens to be a bankruptcy trustee himself, think thats an accident, nope thats why I picked him\, file another amendment. I can't believe how many times my attorney acting for me calls the trustee programmed into his cell phone. In fact before the 341 started I watched the two talk up a storm for twenty minutes. Makes you wonder................

I decided to flush $180,000 Credit card debit after losing my fiance job. Unless I am missing something, and boy have I done my readings on PACER. I don't see any big issues with blowing it on hookers, booze and gambling.
Unless it might be close to filing. My attorney has reminded me a bunch that its not the trustees job to evaluate my decisions or how I live my life. Bad judgement and poor decisions while solvent isn't there problem.

Peace and thanks people..........

[Kam]

Huh?

[gunsmoke]

wow

I could party with this dude.

[Kam]

I think the light is too bright in here

[bkfiler]

yes it does seem kinda bright in here. too much lighting.

not a bad way to spend money if i might say so! nothing wrong with induldging in the good life.

however, when i get hookers i have to pay way more then that. also, when i drink i have to sneak up on the bottle too lol

[jennga]

I don't get it, you said in your first post that when you were at your 341 meeting every fool etc, blamed lost money on gambling. Then you went on to say that when you have to answer to the trustee you are going to tell them the money went to ho ho ho's..... so what I don't get is.... have you had a 341 meeting or not.

Something about this smells a little fishy, maybe it's all the ho ho ho.

[scammer]

I don't get it, you said in your first post that when you were at your 341 meeting every fool etc, blamed lost money on gambling. Then you went on to say that when you have to answer to the trustee you are going to tell them the money went to ho ho ho's..... so what I don't get is.... have you had a 341 meeting or not.

Something about this smells a little fishy, maybe it's all the ho ho ho.

When I went for my 341, It was one of the few last days of November, the Trustee wanted additional info sent over to him. One of the things that seemed to be common was if you had a small business, he would ask for bank statements for the last six months. Both business and personal. So I am in the process of doing that, along with a few other things. In my personal account I withdrew $7,000 cash. So I know he is gonna ask about that. Now pardon me for whispering this to yaa, but some of those dollars are stashed away, some got spent on tangables, and some I spent on fast women, great whiskey, and the blackjack table. Now if I am the ONLY one on this forum that ever stashed a little away to make it through this deal, then LORD HAVE MERCY ON ME. But, I don't think I am the first one. I wanted to look at my "statement of disclosure or financials" or whatever and see about declaring gambling loses. I know there is nothing about easy sleezy loose women expenses, but like someone pointed out I need to declare gambling loses.

Has anyone been hassled anything big over gaming loses???????????????????????????????????????????

[newstart]

I am not clear on your post about using the $7,000, is what you said true that you used it for booze, hookers, and gambling. Seems as though you said you were going to use that as an excuse for the $7,000 you stashed away. You are just lying is that it?

[StaciMM]

Planning to hide assets before filing is fraud, and no one here wants to help you commit it.

Not everyone in bankruptcy is a schemer and scammer-some honestly need the fresh start due to a combination of bad choices and uncontrollable events.

As to what could happen? The trustee COULD dismiss your bankruptcy and rule your debts non-dischargeable. Ultimately, your creditors would then get judgements and line up to garnish your wages - if you have returned to work.

[scammer]

I am not clear on your post about using the $7,000, is what you said true that you used it for booze, hookers, and gambling. Seems as though you said you were going to use that as an excuse for the $7,000 you stashed away. You are just lying is that it?

I didn't stash all that away, and no I didn't blow all that on those needless vices, but when I am walking around with a portion of that $7,000 cash who knows???? Besides as long as my intentions were not "fraudulent" and made during the time I realized I wasn't solvent, what can they do??? My guess is again "Offer of Compromise". I read this one case where an individual had a unsecured loan from his mother, and was paying monthly installments.
Debtor attorney made an offer to pay back about 60% of fraudulent transfer last twelve. Trustee took it!!!

There a spell check on this thing, boy do I appreciate my sales assistant that types all my outgoing corespondence.
Glad I sell for a living, I would have been fired as a secretary.
Oh by the way, I checked with my significant other, she said it not real bright in here either.
But she prefers the saying, "not the sharpest knife in the drawer". But hey, thats why I am here learning!!!!!!!
HAAAAAA!!!!!!

Now how do these animated happy faces work, I click on them and nada...........

[Kam]

Okay, does your SO know you were out drinking and screwing?

To be honest, I think you are playing us. Who in their right mind is going to tell you, 'oh yah, i buried money in my back yard so the trustee wouldn't find it." If the trustee asks for your financial records, you can bet damn straight he/she is going to want an accounting for that $7000. You wanna gamble with having your bk dismissed? I would love to be in the court room and hear you tell the Trustee: Oh I spent that money on sex, booze and gambling.

Please, don't play us.