Schedule B - Personal Property

[hboyd4]

How detailed do you get on household goods on Schedule B. The checklist in the NOLO book gets down to the nitty gritty. I can't imagine writing how many clocks or books I have. The example in the NOLO book just lists major appliances that has some value like stereo, washer, dryer, vacuum, tv. etc. They don't want you to list how many lamps and clocks you have do they?

Thanks!

[justbroke]

Use general categories...

Media (Books, CDs, Tapes, etc)
Household Goods (Beds, Tables, Chairs, Etc.)
Miscellaneous Electronics (TV, VCR, DVD, etc)
Miscellaneous Clothing


The Trustee doesn't want to see an itemized list of your belongings. The property is categories, generally, to align with your State Bankruptcy Exemptions.

This makes it easier on subsequent Schedule C for exempting the property.

[hboyd4]

Use general categories...

Media (Books, CDs, Tapes, etc)
Household Goods (Beds, Tables, Charis, Etc.)
Miscellaneous Electronics (TV, VCR, DVD, etc)
Miscellaneous Clothing

Thanks... this paperwork is a little overwhelming!!!

[wonkettegirl]

I went from room to room, then used categories. For example: Kitchen: refrigerator, oven/stove, dishwasher, microwave, pots & pans, dishes and glassware, cutlery, knife set, coffeemaker and toaster. Living room: couch, easy chair, books, rug, television set and armoire. Etc, etc.

[itsladyliberty]

i was pretty detailed. i followed the example in the NOLO book. i didn't list every piece of household decor (lamps, clocks, etc) or every piece of kitchenware (pots, pans, utensils, etc) but instead, listed those items in a subcategories of "household items" and "furnishings," "appliances" etc. and put a few examples in parenthesis, followed by the combined replacement value of all items in that subcategory.

clear as mud?

[Overmylimit]

Question about the paperwork, I see a lot of questions about paperwork. I haven't really done any yet, I gave all of my folders of stuff to the Lawyer and that was it. Is it only when you file on your own that you do paperwork?

[hboyd4]

Question about the paperwork, I see a lot of questions about paperwork. I haven't really done any yet, I gave all of my folders of stuff to the Lawyer and that was it. Is it only when you file on your own that you do paperwork?

YUP... I can't dig up the funds to pay an attorney so on my own it is! My case is a simple no asset case so it shouldn't be too difficult.

[hboyd4]

i was pretty detailed. i followed the example in the NOLO book. i didn't list every piece of household decor (lamps, clocks, etc) or every piece of kitchenware (pots, pans, utensils, etc) but instead, listed those items in a subcategories of "household items" and "furnishings," "appliances" etc. and put a few examples in parenthesis, followed by the combined replacement value of all items in that subcategory.

clear as mud?

Clear as mud ;-) Thanks!

[Overmylimit]

Ah so I see! You know after working with a company to help with a Mortgage loan modification I was this close to using them. I gave myself two weeks to try it on my own/ I did and it worked and I saved 3500 bucks. I am almost tempted to try BK on my own as well, but my situation is complicated with business and personal.