Schedule b personal property

[aachudneymiles]

[FreshLikeADaisy]

AA, did you list it on Schedule D (Secured Debts) when you first filed? I'm just curious.

Because your current interest in the car is $0 (you're upside down on it) that's what you would put as the value on Schedule B, and you would not add it to Schedule C because there's nothing to exempt and even if there were, you're giving it up anyway.

Also make sure it's on your Form 8 (Statement of Intention); I'm sure it was but just double check that. If it wasn't there then refile Form 8.

I think your trustee thinks there is equity in the vehicle when there really isn't, and that's what this is about. What's cool about this is that since the value is $0, none of your numbers change, and so you shouldn't have to redo the Summary and Statistics (the first two pages of Form 6), just Schedule B.

Be sure to call the clerk's office and ask what format they want the amendment in: a whole new complete Schedule B, or an additional Schedule B that has only the car. They're both listed in the Nolo book, you just need to know which format your court wants them in.

[aachudneymiles]

good good I thought soo but was unsure .. yeah got it on FORM 8 statement of intentions as well as schedule d secured.. so thoses are cool. Yeah he think Iam hidding asset but when he looks he will see (WE ACTUALLY ARE BROKE!!) AND YOUR SOOO right about the when numbers change thing because when they change you mite as well redo entire schedule, summary , creditor cover sheet amend cover sheet and everything along with it.. my court requires the entire schedule done over, the good thing amendment to schedule d is free!!!

AA, did you list it on Schedule D (Secured Debts) when you first filed? I'm just curious.

Because your current interest in the car is $0 (you're upside down on it) that's what you would put as the value on Schedule B, and you would not add it to Schedule C because there's nothing to exempt and even if there were, you're giving it up anyway.

Also make sure it's on your Form 8 (Statement of Intention); I'm sure it was but just double check that. If it wasn't there then refile Form 8.

I think your trustee thinks there is equity in the vehicle when there really isn't, and that's what this is about. What's cool about this is that since the value is $0, none of your numbers change, and so you shouldn't have to redo the Summary and Statistics (the first two pages of Form 6), just Schedule B.

Be sure to call the clerk's office and ask what format they want the amendment in: a whole new complete Schedule B, or an additional Schedule B that has only the car. They're both listed in the Nolo book, you just need to know which format your court wants them in.

[FreshLikeADaisy]

good good I thought soo but was unsure .. yeah got it on FORM 8 statement of intentions as well as schedule d secured.. so thoses are cool. Yeah he think Iam hidding asset but when he looks he will see (WE ACTUALLY ARE BROKE!!) AND YOUR SOOO right about the when numbers change thing because when they change you mite as well redo entire schedule, summary , creditor cover sheet amend cover sheet and everything along with it.. my court requires the entire schedule done over, the good thing amendment to schedule d is free!!!

YAAAAAY!!! It's looking up already.

As far as I'm concerned it's his bad when he didn't figure it out from Schedule D, because these trustees DO pull your credit bureau, NADA estimates, etc when you file and he should have known you were upside down. But if this makes him happy, all you lost was a day and maybe some hair.

[LifeNLemons]

Oh crap! Thats not how I listed it. I listed the KBB of the car. The Sch D is right, and my statement of intention says I'm surrendering it.

So I should find out how they want it amended then, eh? I used software to help fill out the forms and the KBB is was auto filled in the Sch. B, so I went with that. I also showed the KBB on my ex's truck and the 50% of the house I own.

Should I just wait to see if the Trustee questions it?

[aachudneymiles]

yeah a little hair .. it will be done tomorrow. I promise and I think I will bring it to his office too, maybe he saw it on schedule d and wanted to catch me in a lie .. naww because he seemed surprise when i said i have a car. He was over worked room full of people like you said he makes enough cant feel too bad

YAAAAAY!!! It's looking up already.

As far as I'm concerned it's his bad when he didn't figure it out from Schedule D, because these trustees DO pull your credit bureau, NADA estimates, etc when you file and he should have known you were upside down. But if this makes him happy, all you lost was a day and maybe some hair.

[FreshLikeADaisy]

Oh crap! Thats not how I listed it. I listed the KBB of the car. The Sch D is right, and my statement of intention says I'm surrendering it.

So I should find out how they want it amended then, eh? I used software to help fill out the forms and the KBB is was auto filled in the Sch. B, so I went with that. I also showed the KBB on my ex's truck and the 50% of the house I own.

Should I just wait to see if the Trustee questions it?

I think you'll be fine. It's good that you did it the way you did it, plus if he doesn't like it and asks you to amend it, you get something like 10 or 15 days to submit the amended forms. It's not like you left it off or are trying to hide something; it would be an honest mistake like AA's, where the item was included but not listed the way he preferred. Let him catch it and tell you how he wants it listed instead of trying to guess your way through what he may want. That's my thought on it, at least.