Posts Tagged 'Trustee Frealy'

Chapter 7 Trustee Todd Frealy’s Contact Info

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Hello Friends,

Here is Chapter 7 Trustee Todd Frealy’s contact information:

Todd A. Frealy 
3403 Tenth Street
Suite 709
Riverside, CA 92501
Phone: (951) 784-4122
Fax: (951) 784-7143

From time to time, people call me asking for Mr. Frealy’s information.

Above is his information.

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Trustee Frealy asks for bank statements

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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 ...

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best payday loans Changes at the Riverside Bankruptcy Hearings

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Riverside Bankruptcy Trustee Todd Frealy no longer has the debtors fill out a written questionnaire prior to examining the debtor at the creditors meetings. He still requires the Debtors to read the green information sheet before he examines them. If the Debtor has not read the green sheet, then the debtor will not be examined and his matter is trailed on the calendar. funds supply

Practice pointer: Some attorneys routinely send their clients the US Department ...

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Over Bidders at Bankruptcy Auctions

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The other day I was speaking with Riverside Chapter 7 Trustee Todd Frealy. He said that he has been involved in several auctions for chapter 7 trustees where there have been “over-bidders” on the property. This means that the property the trustee collects that is not-exempt is then sold to bidders at an auction at a price that is more than expected. The Trustee will usually make a deal with the debtor to have the debtor “buy back” ...

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False Social Security Numbers and Bankruptcy

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Recently I was in the meeting of creditors room on cases assigned to Riverside Chapter 7 Trustee Todd Frealy. The morning calendar started and several cases were heard with no problems. Then a series of spanish speaking debtors appeared and the hearings had to be done in Spanish. As you may know, an interpreter is provided to any debtor that requests one. This is done free of charge by the US government. Over 170 languages are available as the translators ...

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Bankruptcy Education: Law v. Siegel

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Law v. Siegel, 134 S.Ct. 1188 (March 4, 2014)

The surcharge of a homestead exemption.` In Law v. Siegel, Debtor Mr. Law filed bankruptcy in California in 2004. He listed as have a first mortgage with Washington Mutual and a second mortgage with another entity. The second mortgage took up what would be the equity in the real property. After much litigation it was found that the second mortgage was not valid and fraudulent. The real property did in fact have ...

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Transferring a bankruptcy asset to living trust

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Last week I attended the Inland Empire Bankruptcy Forum’s seminar on “Disclosed and Undisclosed assets in Chapter 7: the Trustee wants to sell my home & steal my exemption! Now what?”

Chapter 7 Riverside Trustee Todd Frealy was a presenter at the event and gave the trustee’s perspective. This post and next post I will talk about what was discussed.

Today we talk about the problem of a debtor transferring a house to a revocable living trust. Generally the debtor is the ...

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Recycled Credit Counseling Form Part 2

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On December 6, 2013, we talked about a Debtor using an old Certificate of Counseling. Below the story continues  and find out what Judge Houle did after the US Trustee moved to dismiss the case.

In viewing Debtor’s actions in the “totality of the circumstances” in this case, the Court finds that Debtor acted in bad faith in filing the petition. Debtor’s actions constitute bad faith under Ninth Circuit precedent due to a “face sheet” filing with incomplete and ...

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Line 42 of Means Test

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Chapter 7 Trustee Todd Frealy’s job as a bankruptcy trustee is to review the means test in chapter 7. This is known as Form 22A or the CHAPTER 7 STATEMENT OF CURRENT MONTHLY INCOME AND MEANS-TEST CALCULATION. This form is the one that shows whether there has been a presupmtion of abuse in the debtor filing in the wrong chapter.

Today we talk about line 42 of the Form 22A or the Means Test. Line 42 provides:

“Future ...

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Electronic Document Delivery System

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I asked Chapter 7 Riverside Trustee Todd Frealy what he would like my blog readers to know. He said that he would like his debtors and their attorneys to use the electronic document delivery system to send him documents. Mr. Frealy uses the “Epic” system. Some of the other Chapter 7 Trustees in Riverside also use this system, but not all Riverside Trustee use the system.

While Mr. Frealy as the Chapter 7 Trustee cannot receive tax returns by ...

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