Nope!
It makes sense that you'd want to do so, but you'll just lose that money to the trustee, because it's a non-exempt chunk of dough in a bank account on the instant of the Chapter 7 bankruptcy filing.
So the trustee has an absolute right to have and grab and take it, for the benefit of creditors in your case.
And then the trustee would STILL say, politely, would you rather pay me the amount of the preference which was paid to mom, or would you rather I sue her?
And usually, here in Arizona, they'll permit a stream of payments, rather than a onesie.
And perhaps, after the date for objecting has come and gone, you'll sell an exempt asset to get money to pay the trustee so he doesn't sue mom. Because that would make Thanksgiving Dinner a little...strained.
It makes sense that you'd want to do so, but you'll just lose that money to the trustee, because it's a non-exempt chunk of dough in a bank account on the instant of the Chapter 7 bankruptcy filing.
So the trustee has an absolute right to have and grab and take it, for the benefit of creditors in your case.
And then the trustee would STILL say, politely, would you rather pay me the amount of the preference which was paid to mom, or would you rather I sue her?
And usually, here in Arizona, they'll permit a stream of payments, rather than a onesie.
And perhaps, after the date for objecting has come and gone, you'll sell an exempt asset to get money to pay the trustee so he doesn't sue mom. Because that would make Thanksgiving Dinner a little...strained.
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