Chapter 7 Bankruptcy – Does a person need to notify the trustee if they open a new checking account?
Hello, I just had a question regarding Chapter 7 bankruptcy. if someone files Chapter 7 and lists what bank accounts they have on the petition, but open another bank account during the bankruptcy after already filing, do they have to notify the trustee? Also, if a person gains an interest in a pension and a deferred compensation plan, after filing, do they have to notify the trustee?
If the trustee needs to be notified in one or both of the situations above, does an amendment get filed with the bankruptcy court and would that be public information as well? this is in CA.
Bankruptcies are federal in nature. the fact you live in CA is immaterial. You should let your attorney know about the above information and let him make the call. the court isn't going to care about your new bank account as long as any and all information about money going into it has been given to the court. They WILL care about new forms of assets that you have come into between the initial filing and six months after your discharge date.
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