Clawson, MI asked in Bankruptcy for Michigan

Q: How long should I wait before filing chapter 7 after having removed my name from my elderly mothers savings account?

Related Topics:
Bankruptcy
2 Lawyer Answers
Robert Keyes
Robert Keyes
Answered

A: You may not need to wait at all if you can prove all the money is hers.

I agree with this answer Report
Jeremy B. Shephard
Jeremy B. Shephard
Answered

A: A portion of the petition you'll complete to file for bankruptcy protection called the Statement of Financial Affairs will require that you disclose any financial accounts you were on within the last year. I agree with Attorney Keyes that you may not have to delay in filing your case at all if you can show the money was your mothers. A Chapter 7 trustee will have questions regarding the matter but proper documentation should help resolve it.

I agree with this answer Report

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.