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  1. #1
    Join Date
    Nov 2008
    Posts
    2

    Default Final Decree

    My question involves bankruptcy in the state of: ks

    We have received the final decree for our Chapter 7. We were told that all refunds and monies that were in the business checking ( which is not a lot compared to what we owe) are not to be touched. However, I have received this letter saying that the Trustee has fully administered our estate and no longer has the right to collect on any of the property disclosed in our Bankruptcy Schedules.

    Does this mean that I can now close that checking account ? And what do I do with the balance that is still there? If I were to close that account and transfer the balance to my current checking account, and later produce the same amount should they want it, would that be something that I may get into trouble with?

    Thank you.

  2. #2
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,252

    Default Re: Final Decree

    Once the final decree is issued, the court no longer retains control over the property you owned when the bankruptcy was filed.

  3. #3
    Join Date
    Nov 2008
    Posts
    2

    Default Re: Final Decree

    Thank you Betty.

  4. #4
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,252

    Default Re: Final Decree

    Sure, you're welcome.

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