Legal Question in Bankruptcy in Virginia
I lost my job at the end of 2008. I borrowed money from my credit cards to set up a brokerage account, and did daytrading to try to sustain myself. I made some money, but not enough to support myself. As a result, I had to dip into the brokerage account to pay my personal expenses. Now I am considering filing Chapter 7 bankruptcy. I'm strapped. Before I file, can I withdraw any further money from the brokerage account to use to pay my bills, or would that cause problems?
Thanks for your assistance.
Asked on 4/28/10, 12:40 pm
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
Depending on what bills, it may or may not be a problem. See a bankruptcy lawyer before doing anything like this.
Answered on 5/03/10, 1:02 pm
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