assets

[justbsc]

What is the name of your state? California
I am wondering if I have a Schwab Account, is that considered an asset? and do I need to close it out? Will it be liquidated? It is less than $500.00 at the present time. Thank you

 

[Ladynred]

Depends on what type of an account it is. If its not a retirement account, then it would be considered as an asset. I too have a Schwab Account, but it is an IRA, even though it doesn't have much left in it now

 

[skwirl]

Also, don't forget that you are allowed so much in cash as an exemption in most states.

 

[dorenephilpot]

You may have to clean that puppy out to pay part of the bill to your BK attorney.

There. Not an issue anymore.