top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Your 2004 Rule Exam Expereince

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Your 2004 Rule Exam Expereince

    If you have any experience with 2004 rule exam in chapter 7 case , please share your experience about : 1) Why was it done , 2) How long the exam lasted ( hours etc) , 3) How was your over all experience with it?

    #2
    Welcome to the forum.

    Rule 2004 examinations are case specific. If a Rule 2004 exam has been set in your case, your case has some specific issues. Was this set by a creditor or the trustee or, even, the US Trustee? Is the Order only for documents or is it for documents and a meeting?

    If by a creditor - that creditor is probably trying to determine if he/she/it has a claim for non-dischargeability.

    If by the trustee - the trustee is probably trying to discover all of the potential assets he/she can liquidate for the benefit of creditors.

    If by the US Trustee - he/she is probably trying to determine if you are deserving of a Chapter 7.

    What are the issues in your case? Do you have an attorney?

    Des.

    Comment


      #3
      It is for in person question answer. It is requested by UST. Panel attorney has referred the case to UST. Not sure why.

      Comment


        #4
        Wild guess - you are over median income and, just maybe, the means test either is incorrect or shows there is a presumption of abuse. Also, if your schedule I and J shows you have the ability to pay creditors (positive cash flow), that could be a reason. Otherwise there is something else going on in the case. There are other reasons for the UST to look at a case, but again, this would be fact specific.

        Do you have an attorney?

        Des.

        Comment

        bottom Ad Widget

        Collapse
        Working...
        X