|
|
|
Personal
Property in Oklahoma
Chapter
7 Bankruptcy
What
is the Schedule B?
Schedule
B consists of a list of any other property you have that is not real
property. It is important that you provide your attorney with as
accurate and complete a list as possible of your personal property
including cash, bank accounts, motor vehicles of every kind, guns,
computers, appliances, tools, household goods/furniture, interests in
insurance policies, 401k accounts, pension/profit sharing plans, stocks,
bonds, accounts receivable, investments, security deposits, future
interests, interest in settlements or judgments, entitlements, etc. It
is important that you include everything. If it is worth money and you
have possession or access to it, it needs to be included on your
schedules. Your attorney can tell you which of your assets are exempt
under your state's exemptions and which are not. There is a place on the
petition and accompanying schedules to put all the types of assets you
have. To fail to list all assets is fraud and can potentially mean
jail-time.
|
|
|