Archive for February, 2009

Bankruptcy Trustee has problem with new schedules

Thursday, February 12th, 2009

Today I got a call from my lawyer about our newly revised schedules. The trustee hasn’t filed an actual dispute this time through the court, but states that an item on the original petition is not on the new schedule, also she claims a security deposit that was from my business should be included. However she dropped all other business related items. So my attorney is going to show here it WAS a business deposit, not personal.

The item she claims is not on the schedule are books, valued at $20. We had to send her a dividend check, that she applied part of that money to. We still had about $400 of unused exemptions, so it should really be a non-issue. Hopefully the security deposit, and book issue can be resolved quickly, and get things moving along.

3rd personal property exemption schedule submitted

Wednesday, February 11th, 2009

Today after reviewing the updated schedules, they were submitted one more time! This is our 3rd schedule “C”, and second updated schedule “B”. We drilled the numbers over and over. Making sure there is no problems that the trustee could disagree with.

Now… we have also submitted a spreadsheet to the trustee with exactly what items from our petition and appraisal we included in the updated schedule that we are claiming as exempt property, and what items will be surrendered.

Lets hope she doesn’t have any issues, or disputes these schedules!