amended.......

[K D]

I'm about 60 days into a chapter 7 when I realized I didn't list about
700 dollars in employee stock that I own and about $4,000 in an IRA. I
told my lawyer and we amended this. Neither of these amounts is vested
because I have to work there for 5 years. She doesn't see a problem but
I wonder about her judgement. Any opinions? thanks.

 

[Brett Weiss]

If your attorney doesn't think there'll be a problem, and she's familiar
with the details of your case, I doubt there will be a problem.

--
Brett

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* Personal Injury/Malpractice Bankruptcy *
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* BRETT WEISS, P.C. *
* Attorneys at Law *
* Maryland, D.C. and Federal Bars *
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* Small Business Estates & Estate Planning *
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The Small Print: This response is for discussion purposes only. It isn't
meant to be legal advice and you shouldn't treat it as such. If you want
legal advice, speak with a local lawyer familiar with your state's laws who
can review *all* of the facts and the law applicable to your situation.
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[K D]

thanks for responding.

 

[ElJay]

I'm about 60 days into a chapter 7 when I realized I didn't list about
700 dollars in employee stock that I own and about $4,000 in an IRA. I
told my lawyer and we amended this. Neither of these amounts is vested
because I have to work there for 5 years. She doesn't see a problem but
I wonder about her judgement. Any opinions? thanks.

The stock might require working there before you are "vested", but I think
the maximum numbers of years you must work before vesting cannot be more
than 3 years under current laws. So, you might be vested in your IRA if you
have worked more than 3 years (or, for a SEP IRA, you earned more than $450
in any 3 of the past 5 years).