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Calculator for putting values on personal items?

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    Calculator for putting values on personal items?

    Is there anywhere that I can look that will give me an estimated value of furniture and other household goods? I'm having to list all personal property for exemptions.
    Filed Ch7 - 10/2/07 no asset
    341 Meeting - 10/29/07
    Discharge - March 2008 forgot the date

    #2
    There is no "calculator" per se. But for household items, you use "garage sale" value. I suppose you could look on craigslist.com, or some site like that. But you are stressing too much about valuing personal property. The average household barely has $1000-$2000 worth of household items, and that is being generous.

    Think of this way, if you were forced to sell your items on your front yard, tomorrow, how much could you really get for them. For example, you may have paid $800 for that leather sofa, but you would be lucky to get $100 if you tried to sell it.

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      #3
      Word of advice...unless you are intructed by the trustee for some reason, don't get too detailed. Lump your furnishings into one category....personal effects...outdoor lawn equipment....appliances...and so on all into little categories, not item by item.

      As far as a calculator, there's isn't one. Most of us were told to use garage sale, resale store, pawn shop pricing except on business related inventory and items of value. Basically think about where you would purchase a 6 year old couch (ex.)from, as it looks today in that condition and at what price.

      You can check around ebay or any resale/thrift stores in your area. Or just use fair judgement.
      "Try to save money. Someday it may be valuable again." - Anonymous

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        #4
        Thanks! This board rocks!!!!
        Filed Ch7 - 10/2/07 no asset
        341 Meeting - 10/29/07
        Discharge - March 2008 forgot the date

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