December 26th, 2015 by Questions
How many months of bank statements does a trustee require upon filing bankruptcy, if at all?
December 27, 2015 at 10:28 am, Desmond West-Chow, CIRP, Trustee said:
Commonly, trustees will require bank statements as part of the verification of income and expense statements, one of the duties of a bankrupt. This number of months a bankrupt is required to submit these statements and the accompanying proof (bank statements in your case) is dependent on number of times an individual has been bankrupt and the income, when compared to the Office of the Superintendent of Bankruptcy’s surplus income guidelines. If you’ve already filed bankruptcy, speak to them, as it is up to the trustees’ discretion on what constitutes proof for income and expenses. If you have not yet filed, speak to a local trustee and they will provide you the information based on your specific circumstances.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.