Summary
Recovered assets, like tax refunds or accident payments, can affect bankruptcy discharge. Its crucial to communicate with your attorney and trustee to understand how these assets impact your case. The trustee may require you to update asset disclosures and possibly use funds to pay creditors. You can contact the trustee directly, but coordinating through your attorney is advisable. Making payments to the trustee, if required, is possible, and your attorney will guide you on this. If your ex was responsible for medical bills, the trustee might have recovered funds from them. Always ensure all communications are properly documented and handled through your attorney for clarity and compliance.Full Conversation
How were assets recovered? Nothing was sold
Hi Renée! Recovered assets in a bankruptcy case can come from various sources, not just sales. They could include:
- Unexpected payments or settlements
- Unlisted or newly discovered assets
- Funds returned from voided transfers
It's important to discuss with your attorney to understand the specifics of your situation. Do you need more details about any of these sources or the proof of claim process?
Was the tax refund the development. I told disclosed that to the trustee
Hi Renée! It's possible that your tax refund was considered a recovered asset. Even if you disclosed it to the trustee, it might have been processed recently, affecting your case. I'd recommend discussing this with your attorney to clarify how it impacts your discharge timeline. Do you need more information on the proof of claim process?
I revived a payment of * from an accident supplement plan for my child who broke his back. I filed bankruptcy on *.*.* and that money was deposited *.*.*.
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Hi Renée! It sounds like the $*,* payment from the accident supplement plan might be considered a recovered asset. This could be why there is a need to file proof of claim. Do you want more details about the proof of claim process?
Do I owe the trustee that money ?
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Hi Renée! The $*,* payment you received after filing for bankruptcy might be considered part of your bankruptcy estate. This means the trustee could potentially use it to pay creditors. It's best to discuss this directly with your attorney to understand your obligations and ensure compliance with bankruptcy rules.
Would you like more details on handling recovered assets during bankruptcy?
I haven’t been told an amount to pay. I informed my attorney when I my refund and they never got back with me regarding the issue. I went ahead and deposited the money so I would not lose the check. Was that wrong
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Hi Renée! Depositing the check might not have been wrong, but it's crucial to inform your attorney and trustee about it. The $*,* could be considered part of your bankruptcy estate, and the trustee may have a claim to it. Contact your attorney for clarity on how to proceed. Do you have any other questions about the bankruptcy process?
So does this mean my trustee will dismiss my case
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Hi Renée! The trustee is unlikely to dismiss your case solely because you received and deposited the $*,* payment. However, the trustee may need to assess how this amount impacts your bankruptcy estate and the distribution to creditors. It's important to communicate with your attorney for specific guidance.
Do you have any other questions about the process or your obligations?
Will he dismiss my case because of the tax refund deposit
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Hi Renée! It's unlikely that your case will be dismissed solely due to the tax refund deposit. However, it’s important to communicate with your attorney and the trustee to clarify how this affects your bankruptcy estate. They may require you to update your asset disclosures and possibly use the funds to pay creditors.
Would you like more details about the proof of claim process or any other aspect of your bankruptcy case?
Will I be able to make payments to trustee
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Hi Renée! Yes, you can make payments to the trustee if required. Your trustee or attorney will provide specific instructions on how to proceed. It's essential to follow their guidance to avoid any complications.
Do you have any other questions about the payment process or your obligations?
My ex was responsible for a portion of the medical bills for our son. Did the trustee recover money from my ex ?
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Hi Renée! It's possible that the trustee might have recovered funds from your ex to cover his portion of the medical bills. This would be considered an asset recovery. To know for sure, you'll need to check with your attorney or the trustee for specific details about the asset recovery process.
Do you have any other questions or need more details about the recovery process or your case?
Am I allowed to contact the trustee
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Hi Renée! Yes, you are allowed to contact the trustee directly if you have questions or need clarification about your case. However, it's often best to coordinate through your attorney to ensure all communications are properly documented and handled.
Do you have any other questions about your case or need more details on a specific topic?
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