Do you have to give your economic stimulus check to your chapter 13 bankruptcy trustee?

Answer 1

Dear Wiki - is this supposed to be a legitimate place to ask questions and receive PROFESSIONAL answers? Does anyone at Wiki control what gets answered or how it is answered? Please review this answer below because this person is answering by mocking, ridiculing & condescending a person who asked a simple question. The answers can be kept SIMPLE, without PERSONAL OPINIONS (You really don't get it do you? - try to resolve them because you couldn't...jeez I could go on and on!). Anyone in bankruptcy deserves a respectful & professional answer, and WIKI should control at the least ridiculous answers like this one. Probably.

Of course, all he does with it is exactly what you would....pay the bills YOU solemnly swore, promised and have to pay. In fact, since you already promised to give that money to someone else when you swore to pay them.... I guess it really isn't yours to take!

So, Wow...you really don't get it do you?

YOU asked (probably even used the term "begged") in the request, for the court to protect you from the legal actions of those you owed. They agreed and gave you specific guidelines of what they would do, which is basically appoint a trustee to handle your financial affairs, and try to resolve them because you couldn't.

That amounted to him setting up a schedule to pay YOUR debts, using the assets/income you have or would get. You pay him, he pays your debts...generally forcing the creditors to accept less, or at least less than the agreement YOU made to pay them originally.

Virtually everything you paid, goes to pay your debts. (Maybe a new idea for you?) Not someones elses. Once the case is complete, excess debts are normally discharged by the court...so you had someone else take care of your financial matters, allowed you to pay differently than you agreed and then, if even that was too much after a while, he says you don't have to pay anymore, and all those that dealt with you don't get paid anymore. Your not expecting because you filed out your W-2, (or if estimating, overpaid your taxes) and put more on deposit with the IRS than you should have, leaving less to use to pay your creditors every month, that when the excess you had overpaid (and yes that is what the rebate, like a tax refund is), you should then be able to take it as a windfall do you? No wonder why your bankrupt!