READ BEFORE FILING A CHAPTER 7 BANKRUPTCY

·          The Trustee can go after any property in which you have equity above the state exemption(s). In fact, your property is the Trustee's property until the Trustee decides to abandon the property at the Trustee hearing. DO NOT SELL OR TRANSFER ANY OF YOUR PROPERTY AFTER FILING UNLESS YOU HAVE CONSULTED ME FIRST.

·          The Trustee can go after your tax refund if you haven't received it yet. In fact the Trustee can go after your next year’s refund starting in October. If you anticipate a refund, you need to list it.

·          The United States Trustees look at the prior 6 months closely. You need to list all income within the 6 months prior to your filing. This includes money from any source to include: employment, loans, 401(k) withdrawals, unemployment, gifts, inheritance and government sources.

·          You must list all property in which you have a legal or equitable. If you are unsure, tell me.

·          You must  list all your banking accounts and the amount in each account on the day of filing.