Bankruptcy Question.. | |
Anonymous Coward User ID: 2474288 United States 11/01/2014 06:29 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1496863 United Kingdom 11/01/2014 06:32 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 48616511 United States 11/01/2014 06:45 AM Report Abusive Post Report Copyright Violation | |
Whoop-D-Do
(OP) User ID: 64728069 Australia 11/01/2014 06:47 AM Report Abusive Post Report Copyright Violation | Yes I am a tard. That and more:( Our adviser said the same thing. We did not want any stress to come to her. But as i said- letter states she has 14 days. We have nothing left. We have been picked clean - its amazing just how many people dont mind picking bits off of you when your on your way down. Anyway we paid her back less than 6 months ago in a lump sum and they want it. And according the Bankruptcy Act they have cited they are going to try take it. |
Anonymous Coward User ID: 2474288 United States 11/01/2014 06:49 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 48616511 United States 11/01/2014 06:51 AM Report Abusive Post Report Copyright Violation | |
Whoop-D-Do
(OP) User ID: 64728069 Australia 11/01/2014 06:53 AM Report Abusive Post Report Copyright Violation | unfortunately since you declared this in your petition that money needs to go back to the trustee in order to pay creditors..in my case my i owed money to my dad(about 2,000) my lawyer what he did was put it in the allowable assets column which was 5k so i had 3,000 in personal assets and 2,000 in loan...this is how it works in the u.s not sure how it works in australia but i think bk laws are pretty much the same in westernized countries.If you don't want to have your mother in law pay back that loan then cancel the bankruptcy and find out how long you have to wait until you don't have to put that in petition...thats the best advice i can give you. Quoting: Anonymous Coward 48616511 Thank you. I don't think you can pull the pin once it has gone ahead. She doesn't deserve this. I know the other creditors dont either. The other creditors did not have any claim on the boat- She would never of lent the money if we were not going to pay her back. |
Whoop-D-Do
(OP) User ID: 64728069 Australia 11/01/2014 06:55 AM Report Abusive Post Report Copyright Violation | I really hate this system. Sick. Tired. chewed up and spat out. Seriously how many times do you get back up. Last Edited by Whoop-D-Do on 11/01/2014 07:03 AM |
Anonymous Coward User ID: 48616511 United States 11/01/2014 06:56 AM Report Abusive Post Report Copyright Violation | |
Thulsa
User ID: 61984016 United States 11/01/2014 07:18 AM Report Abusive Post Report Copyright Violation | |
anonymous User ID: 32273778 United States 11/01/2014 07:22 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 15286624 United States 11/01/2014 07:53 AM Report Abusive Post Report Copyright Violation | |
Whoop-D-Do
(OP) User ID: 64730163 Australia 11/01/2014 08:14 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 9323417 United States 11/01/2014 08:58 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 64718680 Canada 11/01/2014 09:21 AM Report Abusive Post Report Copyright Violation | They might and they might not. Oh and I really feel for you OP. Been through bankruptcy 20 years ago and it is extremely stressful. Make it easier on yourself and get some legal advice. |
Whoop-D-Do
(OP) User ID: 28062606 Australia 11/01/2014 07:26 PM Report Abusive Post Report Copyright Violation | Thank you everyone- We will look at both paths. We have the evidence and paperwork that CLEARLY shows his mother paying us. And funny enough-(not) We have the evidence of the sale of boat etc. Bla. The boat was not placed on ANY of the loans for security. We wouldnt have loaned the money from her had we not had the boat there to reapy her no matter what. They have officically made us bankrupt- so i dont think i can pull the petition now? Had we known this was going to occour we would have found another way. It is not his mothers fault. |
Whoop-D-Do
(OP) User ID: 28062606 Australia 11/01/2014 07:49 PM Report Abusive Post Report Copyright Violation | |