some random questions

[brainless twit]

Hi all! I've posted before, but my husband and I have just decided that BK7 is the best option we have right now. Thanks to the wonderful posters here, I feel like I have a head start on getting my info together, and I'm grateful for that. However, there are a few things I either haven't found yet or didn't understand.

First, what can I do about a lack of credit card statements? I switched to all electronic statements 2 years ago, and now that I'm trying to download them, the format is very strange. I guess I could print them from the screen, but is that good enough? The online statements don't show my full account number.

Another question I have - what do I need to list under household goods? I understand listing appliances and furniture, but will the attorney need a list of every video, book, and toy my son owns? Do we have to list all of our clothes and shoes? I apologize if this question has been answered somewhere, but I wasn't able to find it through the search feature. Also, I read that I need to list values for all of our personal property. Does this mean what we paid, or the value if we were going to sell it now? For instance, we paid $300 for our recliner 5 years ago, but it's probably only worth about $40 now.

I would appreciate any help on these two issues. I'm sure more questions will arise as the process gets started!

[BassBoy]

This is from the Exemption section. Not much, but something.

http://bkforum.com/showthread.php?t=251

One thing is you do not have to list your children's belongings. You're children are not filing BK.

Clothing, shoes, books, vidoes would mean the amount of all items together. For example, if you owned 10 DVD's movies, how much would all 10 be worth and not the value of each and every single DVD.

The values listed for personal preperty are not for you to be paid, it's for the trustee. If there something of value, the trustee can sieze it and sell it to pay creditors. For example, if you had Baby Grand Piano.

You can also look into your state exemptions and get a better idea of the numbers and it can help ou with some values. Just remember, if you, let's say, have a classic muscle car parked in the garage, do not try to get a way with not listing it as an asset.

[SinkingFast]

Use garage and yard sale, 2nd hand store prices as your values.

As our paralegal said, "Where do you buy an 8 year old sofa?"

Find things comparable to what you have and price based on what's being asked.

You can even use eBay. And Goodwill has an Auction website as well. If you have furniture items you're not finding values for otherwise. Goodwill sets an opening bid and our attny said that works.

Kentucky has it's own set of Exemptions, so what BassBoy said should work for you. Our State does not use Federal Exemptions either. Our attny told us to just inventory items in common use areas. The kids' things and rooms were just that. The kids'.

For yours and Hubby's clothes, just lump it all together for you and him. Unless you have Prada, Gucci, Armani, or fur coats, your clothes won't be worth much. And you don't have to itemize out 10 pairs of panties, 12 pairs of socks, etc. Normally our attny writes down $100 each for clothes. The paralegal booted Hubby's to $150 because he has 3 or 4 suits.

If you are still in good standing with your CC companies, you might call them and ask for the last 6 months of Statements. Tell them you need them for your personal records. If you can't do that, print out what you can. Maybe even convert back to mailed statements for after you stop paying them.

My guess is, you'd better get what you can off line, while you can. We did the same thing with our mortgage payments. Had online statements. Once we missed our 2nd payment on our mortgage, the Lender blocked our internet access to our acct. Other folks here, in Ch 13 payment plans where their mortgages are paid outside the plan, have had the same thing happen as well. No internet access to their accounts.