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    Selling Assets?

    I'll probably find an attorney and hopefully file for Chapter 7 by the end of February, but I've got a question on selling assets to pay for living expenses right now.

    If I sell say $2000 worth of stuff to pay my house payment or other other bills such as utilities will that cause a problem? Will it be considered income as far as the means test, etc.?

    #2
    You are merely converting one asset to another. There is no income generated nor is it an issue for bankruptcy as long as you spend the cash on reasonable items.
    Well, I did. Every one of 'em. Mostly I remember the last one. The wild finish. A guy standing on a station platform in the rain with a comical look in his face because his insides have been kicked out. -Rick

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