Paying Trustee
Here is a simple question that is vexing me: if one can "buy-back" assets from the TT in a Chapter 7, how exactly does one do that if you're broke? I just don't get it!!! Seriously!!! Payments? Blood? Children? 
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Filed Chapter 7 on Friday the 13th!
, 341 9/10/10 
. TT's report of no distribution 9/13/10 DAMN STRAIGHT! Case Closed! 11/19/10 "Our long national nightmare is over". -
It is true that one has to have an income of some sort.
In our case it was SS, a small pension, my PT job check, and my FT Unemployment compensation. We made 12 equal payments, as per the terms of the agreement with our trustee. He did offer us the items discounted and with no interest. Had we not been able to make the payments I think the trustee would have ordered the items seized and sold at auction. Thankfully it never went that far.
I believe that the trustee studied our paperwork closely to see if we could afford payments before he made the offer. Then it was up to us to decide if this was actually 'doable' for us."To go bravely forward is to invite a miracle."
"Worry is the darkroom where negatives are formed." -
I was prepared to take a premature distribution from my retirement account.Comment
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