Newsletter
CDCBAA Newsletter
Current Issue
June 2007
The last cdcbaa meeting was a blast - Chapter 7 Trustees Amy Goldman, David Goodrich, Jason Rund, Jeff Golden and Wes Avery shared a ton of interesting "insider'' information to our membership.
- The trustees routinely review the schedules and statements filed in prior cases
- The trustees routinely check the ownership history for the property where the debtor currently resides
- If your case has issues, do not ask for a continued Meeting of Creditors - big red flag!
- Trustees routinely ask for the underwriting file from a lender to see what was disclosed by the debtor then versus what is in the schedules and statements
- Do not put "unknown" for a value - better to be low/high than unknown - and $0 does not equal unknown
