top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

dvds non exempt

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    dvds non exempt

    I from CO and there 's no exemptions for vcr/dvd Will the trustee take it or will let it be. my collection is worth $100.

    #2
    Originally posted by JensenCO View Post
    I from CO and there 's no exemptions for vcr/dvd Will the trustee take it or will let it be. my collection is worth $100.
    Your DVDs are safe. Just count them in when you value your household items for filing.

    By the way, the average US household owns around $3-4,000 worth of household items. For filing all household 'stuff' should be valued at their current worth, not what you originally paid for them. If you are filing with a lawyer, he/she will help you figure out what's acceptable in your local court.
    I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.

    06/01/06 - Filed Ch 13
    06/28/06 - 341 Meeting
    07/18/06 - Confirmation Hearing - not confirmed, 3 objections
    10/05/06 - Hearing to resolve 2 trustee objections
    01/24/07 - Judge dismisses mortgage company objection
    09/27/07 - Confirmed at last!
    06/10/11 - Trustee confirms all payments made
    08/10/11 - DISCHARGED !

    10/02/11 - CASE CLOSED
    Countdown: 60 months paid, 0 months to go

    Comment


      #3
      Dvds would be included with your general household goods like pots and pans, books, general items, etc. Most small items are not individually itemized but are instead lumped together in categories like "household items". Value them at what you would pay for a used dvd on ebay.
      You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

      Comment


        #4
        Don't worry, your DVD's are safe. No trustee is going to want to confiscate 500 DVD's, put them on consignment and sell them for $2 each, it takes too long, too much effort for very little return.

        And yes, they would fall under the household goods exemption.

        Comment

        bottom Ad Widget

        Collapse
        Working...
        X