Ok, I need to know, I have amended several times on Schedule C. Am I suppose to contact all of the creditors regarding this? With a copy? Can I fax or is it better to mail?
Thanks
Thanks
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Check with your bk court. If you add creditors, I've heard some courts require you to send the notice while other courts send it out themselves.
If you amend anything else, it shouldn't impact the creditors.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. -
Ok-B is where you list everything you own, and C is where you assign exemptions. If you don't have an exemption for something it should not be on C.
Neither of these change anything for the creditors-if the trustee rules your case an asset case, the court will send out instructions for the creditors to file a claim to get a portion.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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Thanks Stacii
Now if I am taking something off of C, does it go anywheres else? "potential tax refund"Comment
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No, one bright side-there is not a place for 'non-exempt assets' so I guess the trustee has to figure that out for himself!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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im not sure i understand correctly, but all assest have to be listed, exempt or not. that goes on one schedule. the exemptions available are listed on another schedule.Originally posted by StaciMM
in other words, everything gets listed so how can the trustee not know about it?
what did i miss?Im not an attorney or a trustee. You cant trust me either though!
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BK,
He was talking about a "potential tax refund" that he might get this year... he was treating it as an asset and wanted to know where to list it.....
He doesn't have it yet - so don't list it......
Wake up BKMinny
"It's amazing the paths that our feet sometimes follow in life".
My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.Comment
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