Should I reveal Paypal in my bankruptcy petition?
Date: Tue, 05/03/2011 - 20:59
I am planning to file bankruptcy next month. Is there need to reveal my Paypal account or barter dollars in my bankruptcy petition?
As far as I know, you will have to reveal your Paypal account or
As far as I know, you will have to reveal your Paypal account or the barter dollars in your bankruptcy petition.
Paypal accounts or trade dollars are a cash equivalent currency
Paypal accounts or trade dollars are a cash equivalent currency and hence they're termed as "assets". You must list your PayPal funds (with a full value) while filing your petition. Put it on the Schedule B.