These are the standard questions that a bankruptcy trustee will ask you at a 341 Meeting of Creditors. This doesn’t mean that these are the only questions you’ll face, but these are the most common. Unless you have some interesting asset like a family vacation home in a trust which your dad set up years ago, you should be fine.
Monthly Archives: January 2020
What do I need to bring to my 341 Meeting of Creditors in a Chapter 7 bankruptcy? (video)
Just remember: driver’s license, social security card, bank statement showing balances for the month we filed, and a current paystub.
Will a chapter 7 bankruptcy discharge my speeding tickets?
Nope.

You can discharge them in a chapter 13 (usually), but it may not be worth the extra attorney’s fees and 3 years of waiting for that to happen.
In a chapter 7, it will not discharge a debt ” to the extent such debt is for a fine, penalty, or forfeiture payable to and for the benefit of a governmental unit ….” 11 U.S.C. 523(a)(7).
This means that your traffic fines/citations will survive a chapter 7 case. That being said, if you file chapter 7 and discharge all of your other debts, that should hopefully free up enough of your monthly income to pay off the speeding tickets rather quickly.
A good rule of thumb is that priority debts like most taxes, student loans, criminal restitution, and child support/alimony survive your chapter 7 case. Everything else disappears. It goes without saying that if you’re unsure if a debt will be discharged, that you should ask a bankruptcy attorney.
As for the speeding tickets, the best way to prevent them is to (in the words of my law enforcement friends) “stop breaking the law, jackass.” Unfortunately, I seem to have a lead foot.
Is there any way I can hide my tax refund from the bankruptcy trustee, like gift cards or cash? (video)
No, there’s not. Don’t flirt with bankruptcy fraud charges. Spend the money on exempt items and keep your receipts.