Last Monday I got a forwarded letter from my lawyer that he had received from the trustee. She is apparently trying to determine the amount of overage we have over the allowed exemptions. From the letter I noticed she had a cash amount which came from our bank statements, as well as the stock, cars, etc. that she had a value on as well. She stated she need copies of bank statemnets for one of the accounts. She already has these! it was a brand new account started two days prior to our bankruptcy with all of $10 in the account. We had 10 days to respond.
I sent my lawyer a letter with some discrepancies from the property appraisal (Duplications of items), as well as information concerning the bank accounts. She had also mis-calculated the amout of cash by almost $900. This was due to a auto-debit that should not have gone through, and the bank paid it anyway making an overdraft of almost $900 which was included in the bankruptcy petition. The trustee had ADDED the negative amount into the available cash.
My lawyer must have liked my response, as he asked me to reword it somewhat so he could forward it along to the trustee. Well, I’m not sure if he did, or she responded back, or what. But last night I received a letter from him to the trustee that was very forward and blunt stating pretty much everything I had said in mine… but in a very formal tone. And with the copies of the statements I had already supplied.
So, we will see what happens from here.
Tags: bankruptcy asset case, bankruptcy petition, bankruptcy trustee, chapter 7, personal bankruptcy