Hi, All..

I'm getting ready to file ch. 7. I have also recently been offered a
promotion at work that will, in about 3 months (after training),
result in a doubling of my income. Would filing bankruptcy now be
viewed as fraudulent? I have no hope of paying anything off (I earn
$9000/yr). The promotion would earn me $26,000 gross.

Thanks..

It depends on whether the promotion is offered before you file or after. If
before, you need to tell the trustee. If not, you don't (unless the trustee
asks).

--
Brett

************************************************** ***************
* Personal Injury/Malpractice Bankruptcy *
* *
* BRETT WEISS, P.C. *
* Attorneys at Law *
* Maryland, D.C. and Federal Bars *
* lawyer@brettweiss.com *
* www.brettweiss.com *
* *
* Small Business Estates & Estate Planning *
************************************************** ***************

The Small Print: This response is for discussion purposes only. It isn't
meant to be legal advice and you shouldn't treat it as such. If you want
legal advice, speak with a local lawyer familiar with your state's laws who
can review *all* of the facts and the law applicable to your situation.
************************************************** ***************

"ncl2fth" <ncl2fth@luxsci.net> wrote in message
news:bfe39c7a.0402091847.52048742@posting.google.c om... Hi, All.. I'm getting ready to file ch. 7. I have also recently been offered a promotion at work that will, in about 3 months (after training), result in a doubling of my income. Would filing bankruptcy now be viewed as fraudulent? I have no hope of paying anything off (I earn $9000/yr). The promotion would earn me $26,000 gross. Thanks..

ncl2fth wrote:
Hi, All.. I'm getting ready to file ch. 7. I have also recently been offered a promotion at work that will, in about 3 months (after training), result in a doubling of my income. Would filing bankruptcy now be viewed as fraudulent? I have no hope of paying anything off (I earn $9000/yr). The promotion would earn me $26,000 gross. Thanks..

I believe in the forms there is a question that asks if there is any
reason why your income would change more than, I think, 10% in the next
year. File now, before the eventual promotion is offered/accepted. You
can say that you thought you might get it, but wasn't sure.

none <none@here.com> wrote in message news:<kgfWb.102331$fH2.12069@twister.tampabay.rr.com>... ncl2fth wrote: Hi, All.. I'm getting ready to file ch. 7. I have also recently been offered a promotion at work that will, in about 3 months (after training), result in a doubling of my income. Would filing bankruptcy now be viewed as fraudulent? I have no hope of paying anything off (I earn $9000/yr). The promotion would earn me $26,000 gross. Thanks.. I believe in the forms there is a question that asks if there is any reason why your income would change more than, I think, 10% in the next year. File now, before the eventual promotion is offered/accepted. You can say that you thought you might get it, but wasn't sure.

What obligation does the debtor have to notify the trustee about
income changes, both increases and decreases? Can a creditor ask for a
yearly review of a debtor's bankruptcy (13)?

Regards,

Jim