Question: I’m writing to make sure I can keep my furniture if I go bankrupt, and that’s why I’m writing to a Sandy Springs bankruptcy lawyer.
My debts are too high and I need some serious relief that I think I can only get with bankruptcy. I know bankruptcy will get rid of my debts and I don’t have to pay them anymore and I can go on with my life. My friend said filing bankruptcy was the best thing he ever did in his life.
I really want to keep my furniture. It’s not expensive or anything, but with a wife and four children we need a place to sit down and we need some tables to use. I just want to make sure that we can keep our furniture, which we bought maybe 15 years ago.
I need to file bankruptcy because I lost a job from drinking but now I’m in Alcoholics Anonymous and I’m doing great. Not a drink in 3 months. Not even a beer or wine. But I got caught drinking on the job and operating heavy machinery, so I got fired. They say you can’t operate heavy machinery when you’re buzzed. That’s probably true.
My wife isn’t working and she gets disability for her back and her anxiety that’s so bad she can’t leave the house most days. Now she’s a big drinker and an opioid addict and she’s going to get help, just like I did.
But are kids are still in school and they’re doing real good. They’re not partiers, like their friends with all that pot and booze. No, they study, and they study hard. My daughter wants to get into genetics and she wants to go to “Caltech,” she says that’s a good school. I went to Dartmouth College.
So please tell me, if we file for bankruptcy can I keep my furniture.
P.W. in Sandy Springs, Georgia
Answer: You should certainly be able to keep your furniture when you file bankruptcy. In fact, we have not yet seen a situation where someone would not be able to retain all of their furniture.
Your question is a common one. Many people are concerned that they won’t be able to keep their furniture after filing a chapter 7 or a chapter 13 bankruptcy. But this concern is totally misplaced as we have not seen anyone lose furniture due to filing bankruptcy.
This isn’t to say, however, that this couldn’t ever be an issue. If the furniture had great monetary value then, possibly, it could become an issue. But not many people own items like an 18th century Florentine ebony chest inlaid with amethyst quartz, agate, lapis lazuli and other stones, a rectangular Lalique cactus table, or the Dragon Chair by designer Eileen Gray.