Presumption of abuse under 11 U.S.C 707 (b)

[bizrock]

My 341 is Aug 30th and I am labeled presumption of abuse due to a severance payment I got ( and spent on living expenses and horse rescue care ) that factored into my last six months of pay... I wish my lawyer would have waited to file when it fell off the six months, as it stresses me out that the US Trustee will be there as well but my lawyer said as long as I write out where the money went and show my bank statements and the fact that I lost my job in March and am making 1/4 of what I made a year ago I will be fine- I am so nervous though! He says I will be fine... We will see, and I will be posting my experiences next week! ( See my other post under my login posted a couple weeks ago )

That is alot of stress best of luck to you.

[Fallonedward]

My 341 is Aug 30th and I am labeled presumption of abuse due to a severance payment I got ( and spent on living expenses and horse rescue care ) that factored into my last six months of pay... I wish my lawyer would have waited to file when it fell off the six months, as it stresses me out that the US Trustee will be there as well but my lawyer said as long as I write out where the money went and show my bank statements and the fact that I lost my job in March and am making 1/4 of what I made a year ago I will be fine- I am so nervous though! He says I will be fine... We will see, and I will be posting my experiences next week! ( See my other post under my login posted a couple weeks ago )

That is why we are waiting till November to file because our lawyer wants our severance from April to drop off and not be counted in our 6 month look back.

Please share your experience as I'm trying to gather as much info as possible

[lunasgal]

Today is my 341 and I am a mess! I will post what happens for sure when I get home, god give me strength!

[nomoneyhoney]

Today is my 341 and I am a mess! I will post what happens for sure when I get home, god give me strength!

goodluck luna! you will be fine. be there early so you can observe others and have some idea what kind of questions your trustee might ask you.

[Fallonedward]

Today is my 341 and I am a mess! I will post what happens for sure when I get home, god give me strength!

Luna, good luck and just remember only answer the questions asked with yes or no. Your going to do great

[lunasgal]

Hi all- All went well, I posted my experience from today in the 341 section- Thanks