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Going Bankrupt? No Worries, You Can Keep Your Trolls

By Eric Lipman

Recent blawgosperic goings on have demonstrated that people have strong opinions about how much you need to be pulling in per annum to be considered "rich." But bankrupt is bankrupt. And declaring bankruptcy is a trigger that many individuals are likely hesitant to pull for many reasons, including the effect on one's credit and good old American pride. Some people, though, may be buried in debt, hanging on by a thread, etc. with the only thing preventing them from calling it a day and seeking a fresh start being ... the unspeakable fear that they will have to turn over their cache of ceramic turtles or other tchotchkes. Fear not, collectors of useless junk. The Bankruptcy Law Network blog assures you that the Chapter 7 trustee probably doesn't want to seize and sell your crap. Phew. I'll see you later; I need to go dig up the box of salt and pepper shakers I had buried out in the Hill Country just in case this whole blogging thing doesn't work out for me.

Full post as published by Legal Blog Watch on September 22, 2010 (boomark / email).