Filing BK7 on 11/2009, received accident settlement on 11/2008 for $47.5k, do I need to include it?

San Francisco, CA Viewed 14 times. Posted about 1 month ago in Bankruptcy / Chapter 7

I received accident settlement on Nov 2008 amounting to $47.5k. Because I am in huge negative cash flow monthly, I used it to cover 2 mortgage payments, heloc, and other financial obligation. Now I'm filing BK7, do I need to disclose receiving the $47.5k one year ago? Please advise. Thank you. - Is this your question? Add additional information

Answer this question Add to list

Answers (1)

David Michael Benson

This attorney is licensed in Ohio. Posted about 1 month ago.

Debtors are required to list all suits and administrative proceedings to which they were a party within the year preceding the filing date.

Related Bankruptcy / Chapter 7 questions

Can filing for chapter 11 bankruptcy allow us to stop foreclosure process on our rental properties - My husband and I are undergoing foreclosure on three rental properties and barely making our... more
4 answers. Hampton, VA. Viewed 1,387 times. Posted about 1 year ago in Foreclosure

i filed a lawsuit against my former employer on 7/17/09. they filed for chapter 11 on 7/7/09. do i serve them now or wait . - i filed a pro se discrimination lawsuit against my former employer on... more
1 answer. Morristown, TN. Viewed 58 times. Posted 2 months ago in Litigation

I filed chapter 7 in 1994, and its still showing up on my credit reports how do I get this off my records? - I filed chapter 7 in 1994, and its still showing up on my credit reports, although it... more
3 answers. Renick, WV. Viewed 359 times. Posted about 1 year ago in Debt Settlement

Back to Search Results

Next question: How long can I remain in a house I rent that has been foreclosed on? can I get a copy of Obama's Protecting Tenants legislation

Previous question: Should I give DNA? There was a murder and they are trying to rule people out. What will happen to the sample if I give?

Filing BK7 on 11/2009, received accident settlement on 11/2008 for $47.5k, do I need to include it?

Answers (1)

David Michael Benson

Related Bankruptcy / Chapter 7 questions

Ask a Question

Get free answers from real lawyers.

Avvo Links

For Lawyers

Company Info

Fine Print