selling vehicle before bk

[Intoodeep201]

If I sell a vehicle before filing will they question it? If so, how long will they go back? I buy and sell a couple cars a year when I find a deal. Just curious.

Thanks

[daylate]

If you buy and sell for profits it may be a different case but if you just sell a car in an arms length transaction and spend the money on attorneys, everyday living expenses, etc. you should have no problem.

[debee]

Two years. It's in the Statement of Financial Affairs.

You'll be asked about your income (from all sources) for the preceding two years and in a separate question on the same form, you're asked about property transfers (other than what you transfer in your ordinary course of business) going back two years as well.