Asked on Jan 01st, 2013 on Bankruptcy - South Carolina
More details to this question:
received check in mail and really could use the meny but in chapter 13, how would trustee find out if i cash check even though i plan to pay the loan right back when i file my taxes, what are the repercussions if i cash the check?
Your facts are very unclear. What is this check for? Who gave it to you? Is this a loan, or income? Most Chapter 13 cases disallow the incurring of new debt over a certain dollar amount without court approval, so if this is a loan, you need to check with your Trustee (or better yet, an attorney) about what your rights and obligations are.
Mark Markus has been practicing exclusively bankruptcy law in California since 1991. He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization, AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.
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