Legal Question in Bankruptcy in New York

Listing of Assets

I understand the importance being complete and thorough in listing my assets for a Chapter 7 bankruptcy, but realistically, how detailed am I expected to be? I'm assuming I don't have to count every paperclip in my desk and every wire hanger in my closet. What about several boxes of paperback books that probably aren't worth more than 25 cents each? In other words, is there some minimum dollar value below which an item doesn't have to be listed? Otherwise, this could take me months...


Asked on 6/23/03, 3:11 pm

1 Answer from Attorneys
Andrew Nitzberg Andrew Nitzberg & Associates

Re: Listing of Assets

This is the type of question that can be easily answered with a telephone call. You tell me what you are concerned about, and I will answer you. no charge. call evenings 718-729-2029

Read more
Answered on 6/23/03, 9:18 pm


Related Questions & Answers

More Bankruptcy Law questions and answers in New York