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    hoggguy's Avatar
    hoggguy Posts: 5, Reputation: 1
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    #1

    Dec 9, 2008, 09:08 AM
    Trustee and assets in Chap 7 bankruptcy
    How does a trustee search of debts in a routine Chapter 7 bankruptcy. Do they search legal records, etc.

    Thanks!
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
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    #2

    Dec 9, 2008, 03:43 PM

    The trustee only reviews whatever debts have been listed in the filed schedules. They do not search legal records. They don't have time.
    hoggguy's Avatar
    hoggguy Posts: 5, Reputation: 1
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    #3

    Dec 10, 2008, 08:09 AM
    Thanks!
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
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    #4

    Dec 11, 2008, 04:55 PM

    You are quite welcome.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #5

    Dec 11, 2008, 05:22 PM

    Now the people you owe money to, may search all sorts of records, to try and prove fraud on your point and get your bankrutpcy thrown out.

    So if you are considering hiding something, don't
    hoggguy's Avatar
    hoggguy Posts: 5, Reputation: 1
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    #6

    Dec 11, 2008, 08:00 PM
    Just have some joint property that I really have no financial interest in and forgot to put it in forms. Not hiding anything, just don't want to put my brother through a lot of hassle.

    Thanks for taking time to respond!
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