Well… We got a call from our lawyers office to contact the private stock issuer that my wife has to surrender.
After calling, the trustee instructed him to request the original certificate, and sell the shares so the estate can get it’s money.
My waife was able to keep a couple shares as her exemption in the bankruptcy estate. As you recall, she was very sentimental as this was left to her by a great aunt… and had no idea it had much value.
We tried to keep it… but with out PIA trustee, it was not possible. And with virtually no money ourselves there was no way to keep it.
The wife is not a happy camper today… this makes my life rough. I wish I hadn’t put her through this.
Tags: bankruptcy asset case, bankruptcy lawyer, bankruptcy trustee, chapter 7, surrender property
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