This week I appeared in front of Chapter 7 Bankruptcy Trustee Todd Frealy on his calendar for meetings of creditors. Along with his typical questions, he has started asking the debtors for copies of the bank statements they have. The bank statements are to show the balance in their accounts on the day of the filing. This balance should comport with the balance listed in schedule “B” of the schedules and Schedule “C’ of the exemptions.
This may prove costly to ...Continue Reading →