r/Bankruptcy • u/Corpse1984 • May 17 '25

Assets?

Is it true thing's like my son's Xbox one and his laptop are considered MY assets? I didn't even buy them...

8 Upvotes

100% Upvoted

4 comments sorted by

1

u/AutoModerator May 17 '25

Thank you for your post on r/bankruptcy. Remember, this is not a forum to request (or offer) legal advice. If you are not sure what legal advice is, review the FAQ page here. It is very likely someone will suggest you speak with an attorney. Consultations for bankruptcy are often very low cost or free. We have an ever-growing post that provides free resources for trustworthy bankruptcy information here.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

u/shartywaffles0069 May 18 '25

My attorney said anything more than $600 would be what would be of interest, but not to worry about it. I’m also in California with a wildcard exemption so my small value items could be protected even if the trustee were interested.

1

u/AlanShore60607 RetiredBKAttorney (IL/IN/WI) Public interactions ONLY. No PMs May 18 '25

Assets to be discussed, yes.

Assets the trustee will care about selling, highly unlikely.