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Does an bankruptcy trustee know about all your checking accounts?
Doctorjj57
First, you are absolutely required to divulge it in your filing, which you swore in court was accurate. Not doing so will subject you to criminal charges (Judges don't like being lied to), have your case dropped...and maybe more. Think financial problems are something...keep on trying to trick people and see how much more difficult your life becomes!
Gee, ya' think maybe the credit report anyone, including a trustee gets, has all your bank account info? Ya think, as they have all been through it literally millions of times before, they won't see it the other 20 ways at least I can think of to see it? Ya think any creditor you may have paid from that account, and others, who aren't getting paid now may look for it? Hope you didn't put it on any credit applications.................
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∙ 14y ago
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How do you know if a bankruptcy has been dimissed?
The bankruptcy trustee in charge of the case will notify the filer that the BK has been dismissed and the reasons for it having been done.
Do you know if you go to bankruptcy court do you get discharged when you go there?
A person or persons would need to file for bankruptcy before having any contact with the court and/or bankruptcy trustee. A bankruptcy discharge is what is granted if the filing is deemed valid.
Does a bankruptcy trustee check records on insurance and vehicle titles?
No. All information that is submitted in bankruptcy is presumed given under oath. There are specific documents that must be presented, but the trustee does not verify records unless there are mitigating circumstances. Any fraudulent information or attempt to conceal assets will be treated as a criminal offense. And that is "the truth, the absolute truth and nothing but the truth".
Where can one find information regarding accounts checking?
If you know the bank you plan to be a member of, there is a chance that the bank's official website will have an online specification page as to what the different checking accounts have to offer.
Can you apply for a loan while in chapter 13 bankruptcy?
Not without permission from the bankruptcy trustee/court. Yes. But you will have to overcome a lot of obstacles in order to obtain one. Some lenders will approve a home loan if you are in Chapter 13 bankruptcy but only after you have paid consistently for one year and have a credit score of 620 or above. Lenders, as a rule, will not consider a loan until you have approval from the Bankruptcy Court. You will have to ask your bankruptcy trustee for approval to get the loan. This trustee will give you an amount you are allowed to finance. Unfortunately, the amount is usually low. Here is an example: Annual income: $100,000 All payments to Bankruptcy Court have been consistent for 2 years. Credit score: 630 Amount needed to finance home: $119,000 Bankruptcy Trustee Loan Approval Amount: $65,000 Although you may qualify to receive a loan in the amount of $119,000, the bankruptcy trustee will only allow you to finance up to $65,000. If you do not have $54,000 to make up the difference.....you will not be able to purchase the home. That being said, it's worth a try. So before you start looking at houses for sale, have your attorney request the bankruptcy trustee for loan approval and what amount. At least from there you will know where you stand.
How does a trustee know what they can sell in a chapter 7 and does a person have a trustee if they have a lawyer?
Both the laws and the bankruptcy filing, and the info the court finds (like that provided from creditors...who will ask the trustee about things you claimed to own on your crdit application), and from credit reports and tax returns, all types of things provide information for the trustee to act on. The trustee exists with or without a lawyer. In fact, your lawyer may be an advisory to the trustee on many things.
How do you know when your chapter 13 bankruptcy is over?
You will receive a letter that your bankruptcy is discharged. You can also call the bankruptcy court or the trustee and find out if it is final.
Does a tax refund automatically get sent by the IRS to bankruptcy court after a chapter 7 discharge?
No. Everything that happens in a bankruptcy case goes through the (7 or 13) trustee and if the trustee has not acted to get the refund, but has told you it must be sent to him/her, that is your obligation when you receive it. If the trustee did not know about the refund, and you omitted that information from your schedules, you may find your bankruptcy dismissed with prejudice, so you will not be able to re-file it for a while. If you owe the IRS back taxes, they may intercept it. Then it will depend on whether the taxes were or will be discharged. Talk to a lawyer.
Is it possible to get free business checking accounts?
Yes, it is possible to get free business checking accounts. They do not give as many benefits as those you would par for. I would call around and let the banks know you are looking for the best benefits for your free business checking.
If you are say a year into a 60 month chapter 13 bankruptcy and you receive a small inheritance not enough to pay debts what is your obligation?
Your obligation is to let your attorney and/or bankruptcy trustee know about this. They will decide if the asset needs to be divided among creditors or included in your payments.
How do you sue a bankrupt person?
You would need to sue via their Trustee in Bankruptcy. Those are the people that know what the bankrupt party has as assets. You would commence the action in the usual way an action is commenced.
What are the factors involved in the judge approving a mortgage refinancing after a bankruptcy?
All you have to do is submit a request to refinance to the trustee. The lawyer stands nothing to gain. They would rather you refinance because they know they will get their money.
