Posts Tagged ‘petition’

Updated exemptions to attorney for submission

Friday, January 30th, 2009

Last night and today I went over the overage worksheet supplied by the trustee and the appraisal we had previously received. We went over all the personal property from the appraisal, as well as the overage worksheet. I created a new spreadsheet for my lawyer with a general sheet of exemptions that matched the trustees values, and a second one with all the persoanl property.

He combined them into one for his use to use on the new schedule he has to file, and e-mailed it over. We only had to make a minor correction. He will now use this to fill out the updated schedule. Oh YEA! I forgot to mention, the trustee had mentioned she is not interested in the business assets, as they are not part of the persoanl property of the bankruptcy. EXCEPT, there is a $4200 deposit she had included on the worksheet, that was actually a business asset/expense. So hopefully she will drop that item and all will go smoothly.

If she claims we need to include that, I’ll be screwed! In that case, we will surrender virtually ALL our persoanal property, except for clothes and a couple household items. Lets hope it goes our way. I can’t imaging she will dispute a fourth time. But we’ll keep the blog updated to the progress.

Updated Bankruptcy Petition Schedule F

Saturday, October 25th, 2008

Today my lawyer had to send an updated “Schedule F”. This is the list of unsecured creditors like credit card companies, etc. On review of our original petition after filing we noticed our house was listed twice, once on the schedule F form as unsecured and on the correct secured schedule.

So, no big deal. It gets resubmitted electronically, and doesn’t really effect anything.

You can amend toy petetion at any time during the process. There are a number of forms or “schedules” that are used. For example if you forgot a credit card, you could amend the Schedule F I referenced above.