1500 Cash Advance

February 27, 2010 by  
Filed under Easy Online Cash Advance

Cash advance just before bankruptcy?

I filed bankruptcy and will meet with the trustee next month. Just after consuling my lawyer I sent out and took $1500 cash advance and also made some purchases like $150 total.
In the $1500, $1300 went to the lawyer and I kept the rest. I took the cash advance because I had no other mean to pay him that money.
My question is what will the trustee ask me or how can I prepare my defense regarding the cash advance? Will they ask me to repay it? If yes then what is their payment like? Like $50 a month or they will ask me to pay the whole thing. I have nowhere to get the funds now and like I said it was used to pay the lawyer. Please help me. Thanks

You know you did the wrong thing, right? Do you think the judge is going to accept that while walking out of the lawyer’s office you took a $1,500 advance and still bought stuff on credit, and allow you to keep this money in the bankruptcy case, especially since you admit you kept $200 for yourself?

You will be very lucky you don’t get your case tossed out and yourself charged with fraud.

Since you aren’t paying any bills while your case works its way through the proceeding, start saving up as much as you can from any source you can. If you have no source of funds – get a job. Any job. Even fast food or a gas station or car wash. You need to show the judge you are doing something to make your situation better and that you are not taking advantage of the system.

Your only excuse will be to tell the judge you made a mistake and here is the $1,650 back.

Also, tell your lawyer so he or she can help prepare you for court.

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