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    exposed property?

    so the lawyer is wanting to file today but he says we have about 4k exposed after exemptions because of stocks that apparently went up in this market which is just great. and I was just telling him to let them go but he said since we are also exempting some cash that trustees like to go after the cash other then the stocks. can they pick and choose what to take? even from your exempt assets? we just want to keep the cash and could care less about the stocks but I dont know it sounds so confusing.
    Filed-10/2008
    341-12/10/2008
    Discharged-3/17/2009

    #2
    So you are 4K above your exemptions? (Clarifying.)

    Wow, you have only today to decide. End of month and all.

    Would waiting another month help your 6 mo? Sometimes attys don't want to re-do the paperwork because it is a different 6 mo and push it. So be sure.

    Hopefully someone will jump in and help with the cash vs stocks.
    Filed C7 Aug 31 2008
    341 Oct 8 2008
    Discharged Dec 9 2008

    Comment


      #3
      yes we are over 4k and I have a feeling the longer we wait the higher it will become with my moms monthly paycheck which isnt even that much but it adds up. we cut the rent check and other checks to lower the balance and if we could wait until all the other expenses were cut down and wait later month then file it would be okay. but since the lawyer is leaving for 3 weeks and we want to do it asap just in case i get a chance to return to school in jan.

      honestly right know I dont even care of whats exposed just like take what you want to take and clear us of this mess you know? thats all i can hope for
      Filed-10/2008
      341-12/10/2008
      Discharged-3/17/2009

      Comment

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