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  1. #1
    Join Date
    Apr 2008
    Posts
    11

    Default Personal Property And Bankruptcy

    My question involves bankruptcy in the state of: California

    I had read some of the old messages and also read some of the BK information for Chapter 7.

    I was concerned how a trustee knows what kind of personal property you have, such as furniture, appliances, computer, etc.

    I really don't have anything worth anything (that was all lost in a divorce several years ago, including my hone), but it is disturbing to think that the trustee can come into your home check out any property you have.

    Can you tell me what the procedure is for determining this type of property?

    Thanks!

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Personal Property And Bankruptcy

    For a zero assets Chapter 7, odds are nobody is going to look past any inventory you file with the court. (But you don't want to be caught lying.)

  3. #3
    Join Date
    Apr 2008
    Posts
    11

    Default Re: Personal Property And Bankruptcy

    Thank you I appreciate your answer.

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