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Debt Consolidation Forums Bankruptcy Chapter 7 and Chapter 13 forums

Should I reveal Paypal in my bankruptcy petition?

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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 the barter dollars in your bankruptcy petition.

Sub: #1 posted on Tue, 05/03/2011 - 22:23

Anna Sweeting Anna Sweeting

(Posts: 1827 | Credits: )

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.

Sub: #2 posted on Wed, 05/25/2011 - 03:47

Jeorge Preston Jeorge Preston

(Posts: 180 | Credits: )

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