Re: CHAPTER 7 INFO

Posted by LadynRed (68.32.101.73) on February 09, 2004 at 19:24:53:

In Reply to: Re: CHAPTER 7 INFO posted by question on February 09, 2004 at 14:19:41:

Because its an asset that the Trustee would otherwise have been able to take and sell to pay your creditors. A lot does depend on what you use the money for - necessities and needed house repairs probably wouldn't be questioned. You just have to be careful with what you spend the money on and how soon before you file for BK.

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