By Scott Riddle Posted in Bankruptcy Basics,Chapter 13,Chapter 7No, you will not lose your family pet in a Bankruptcy case. Technically, pets are “personal property” that should be listed in Schedule B. Of course, most of us with pets view them more as members of the family than something like an end table. My goldens and labs have had the run of my… Continue Reading
By Scott Riddle Posted in Bankruptcy Basics,Chapter 7Bankruptcy itself is normally an emotional time for most people, and it can get more emotional when they have visions of someone coming in their house and taking their personal property. As we discussed in this post, that is simply not reality and the great majority of people filing for Bankruptcy do not lose any… Continue Reading
By Scott Riddle Posted in Bankruptcy Basics,Chapter 13,Chapter 7One of the requirements of filing a Bankruptcy case is completing the Schedules honestly and completely. It is perfectly fine to unintentionally leave something out as long as the Schedules are amended. One of the most common items left off Schedule B (personal property) is claims or lawsuits that the person filing for Bankruptcy has… Continue Reading