grantmo
07-20-2003, 11:27 AM
I am trying to file BK by myself instead of uising a lawyer. I am trying to understand it and complete the forms from two online BK companies. I was wondering if anyone could tell me when I file my "Schedule B" - perosnal property, do I include a car that has a lien on it or is this considered a secured claim?
My car is worth $4020 and I owe exactly $3600 on it, so my equity is $420. If I do list this car on this form, would I list the value to be 420 or for the full value of the car, 4020?
OK - you can tell me to get a lawyer and I am thinking about doing it, but was wondering if anyone knows about this kind of stuff. I want to see if I can finish all of the forms and understand them. If I just can't make it work or am not 100% sure, then I will get a BK lawyer. Any help would be great!
Grant
My car is worth $4020 and I owe exactly $3600 on it, so my equity is $420. If I do list this car on this form, would I list the value to be 420 or for the full value of the car, 4020?
OK - you can tell me to get a lawyer and I am thinking about doing it, but was wondering if anyone knows about this kind of stuff. I want to see if I can finish all of the forms and understand them. If I just can't make it work or am not 100% sure, then I will get a BK lawyer. Any help would be great!
Grant