My bankruptcy trustee wants copies of my credit applications for credit cards and credit lines. What if I don't have them?
you file for bankruptcy, the trustee appointed in your case is required
by the bankruptcy laws to investigate your financial affairs. This
investigation can take many forms but it is very common for the trustee
to request documentation relating to financial transactions. (Learn more
about the bankruptcy trustee's duties in your case.)
This often includes requesting copies of any applications you may
have submitted to obtain credit cards or credit lines. The request is
generally a follow up to your answer to the question in the Statement of Financial Affairs
(one of the forms you file in your bankruptcy) which required you to
list all financial institutions, creditors and other parties to whom you
provided a financial statement within the two years preceding the
bankruptcy. If your financial troubles started more than two years ago,
the trustee might even want to look back farther for an accurate
explanation of your current financial situation.
Sometimes the request is part of a standard list that your particular
trustee sends in every case. Other times, the trustee may be looking
for something in particular, like
Often the requested documents simply confirm what you have already
disclosed in your schedules and testified to at the creditors meeting.
While the trustee can request these documents, it would not be
unusual if you did not have all of them. You should gather what you do
have, tell the trustee what you don’t have and offer to contact the
creditor directly to request the information. Keep copies of any written
requests and inform the trustee if the creditor has not responded or
refused to provide the information, so that the trustee can follow up
with the creditor.
To learn more about what the bankruptcy trustee does in your case, see The Bankruptcy Trustee.
Updated by: Kathleen Michon, J.D.