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11 U.S.C. 541(a)(5) - Six Months After Discharge Reporting Requirements of Windfalls

Posted: Fri May 28, 2010 5:13 pm
by Yahoo Bot

No, future wages are not property of the estate. The case is over. While we are discussing this--be sure to let your clients know that sometimes
after a bankruptcy is over, people claiming to represent creditors may tell your clients that some debt is not discharged and they still owe money, for some phoney reason. Remind your clients to call you immediately if that happens.
At one time Sears used to do that claiming the debt was secured when it was not. The lawyer who brought the class action against Sears probably made some money on that one.
Margaret Norman, Attny
111 N. Sepulveda Blvd. #355
Manhattan Beach, Ca. 90266
310-376-7873

The post was migrated from Yahoo.