How to Use Your Bank Account During Filing of Chapter 13 Bankruptcy

1). Limit the money you spend from your bank account to necessary expenditures during the 90 days leading up to your anticipated bankruptcy filing date. After formally commencing your case in court, the bankruptcy trustee will review the money you spent during this time period.
2). Avoid using any of the money in your bank account for unnecessary purchases during this 90-day period. A bankruptcy court can impose sanctions on a debtor who expends money beyond necessities during this time period. These can include a dismissal of the case and the imposition of a waiting period before a debtor can re-file.
3). Maintain receipts for the purchases that you make using funds from your bank account.
4). Save all bank account statements you receive during this time frame. These statements will be attached to your petition filed with the bankruptcy court.
5). Keep track of all deposits you make into your bank account during the 90 days prior to filing for bankruptcy.