Professor:
Quote:
|
There are about 1,220 active panel trustees serving nationwide.
|
It will be interesting to see the quarterly figures for Q1 2009. We are not even back to where we were in Q4 2005 (when BAPCPA was signed into law). These trustees are not going to have time to dig too far into purported no-asset cases.
California Quarterly Filings
2005: 29,593 35,812 43,358 57,946
2006: 6,543 9,704 10,983 12,055
2007: 15,041 17,050 18,778 21,758
2008: 25,727 32,387 37,083 38,011
Enough Already: I believe your attorney gave you correct advice. I was just pointing out for those considering moving ther accounts to another bank that there are more ways to get at your bank account than just a writ of execution. Someone whose home loan is with
CW should be careful not to bank at B of A. Likewise, if your loan is with Wachovia, don't bank at Wells Fargo. With all the mega-mergers going on, it's hard to keep track of which banks are affiliated.