New Bedford, MA asked in Bankruptcy for Massachusetts

Q: I am currently homeless and i spent money claimed on my wild card exemption before a 341 meeting can i get into trouble?

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1 Lawyer Answer
Robert Simonian
Robert Simonian
  • Bankruptcy Lawyer
  • Fall River, MA
  • Licensed in Massachusetts

A: This is a difficult question to answer without asking you more detailed questions. For example, generally speaking, if you spend $500.00 or less on necessities I would say it is not a problem. If you spent a large amount of money and the trustee feels for some reason that the money was not exempt then you could have a problem. Again, this is a difficult question to answer without knowing more details. If you filed your bankruptcy with an attorney you should definitely call him for advice.

Timothy Denison agrees with this answer

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