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Amending Schedules: PLEASE HELP ASAP!

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    #16
    Rimi-if he filed a no asset report, he might be making you fix the schedules but not planning to ask for the $$. I don't want to get your hopes up, but I can't imagine why they would file a no asset report if they intended to take the $2000.
    Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

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      #17
      In all of the worry and frustration, you may have overlooked the obvious. Schedule B is a form where you list everything. On schedule C you re-list everything and mark those items you want to keep as exempt.
      Stupid question, but did you mark the $50 as exempt? the trustee may just be telling that cash should be marked as exempt so that you can keep it and if you're at the top of your exemptions, you can choose some junk that you don't want to keep and that they prob. won't want as non-exempt.
      The $2000 or $3000 (I forget what amount it was) should not be listed on Scedule B or C, as it is something that you no longer have. It should prob. be listed under income w/ a note saying something like "One time payment received for living expenses due to hurricane evacuation."
      In my opinion, the Trustee is being nice and fair and trying to help you out.
      Art

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        #18
        Art, I was wondering that too. Yes, I did put the 50.00 and the insurance money on the Schedule C. Staci may be correct in saying that she have been trying to help us out by getting us to correct the error.

        I went to turn the amended forms in. I did not put the insurance on any forms. The 50.00 cash on hand went on Schedule B.

        I hope this was correct. I am stressing and frustrated. But I think it will work out OK. I have faith.

        Thanks for now, and I am sure I will be asking more questions soon to come.

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          #19
          Did you have the insurance money at the time of filing? That is the all important date. I never thought to ask... If you had already spent it, it would not have been an asset at the time you filed. If you had not received it but knew you were going to-there is an arguement there for saying it was an asset at the time of filing.

          Any assets that you had on the filing date should be on schedule B, and again on C if you have an exemption for them. If you had it then and don't have it now, it still goes in your petition.
          Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

          Comment

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