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asset ?

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    asset ?

    In listing assets just how anal do they want you to be. I mean do I need to list 17 glasses 13 spoons 115 CD's, 18 pairs of pants etc ie an inventory list of everything, or just the major things like piano (although it's 40+ years old) and riding lawn mower.
    ==================================
    Filed: 4-30-2010
    341 Complete: 6-16-2010
    Discharged and Closed 8/17/2010

    #2
    just do the big things like

    1 bedroom set with tv
    or kitchen table

    clothes you can list like 10 pants 10 shirts 1 suit.

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      #3
      List only the big things like mentioned above. As far as clothing, you can lump it all together and just say men's clothing - $50 unless you have a high dollar mink coats or so.
      9/22/2009 - officially filed chapter 7
      11/03/2009 - scheduled 341 - COMPLETED
      01/04/2010 - last day for objections
      01/11/2010 - DISCHARGED & CLOSED

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        #4
        I grouped like items like living room furniture, bedroom furniture, plates pots pans and utensils, clothing and shoes.

        The TT doesn't want a super detailed list of every item, but simply wants to get a feel for any assets of value you might have like the hope diamond or a yacht or something like that.

        And make sure to use garage sale pricing for your stuff.
        Filed Chapter 7 (Primarily Business Expenses) 04/10/2008 FICO 468 :cry:
        341 on 05/06/08:unsure:House appraisal on day 63:blink: 07/10/2008 Discharged-Asset Case!!!:yahoo:08/09 Transu 559, Equifax 636, Experian 647
        Case Closed 07/15/2009 :D:yahoo:

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          #5
          Great, thanks for your help.
          ==================================
          Filed: 4-30-2010
          341 Complete: 6-16-2010
          Discharged and Closed 8/17/2010

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