§ 32.2     Contracts, Mortgages and Bank Accounts
Cite as:    Keith M. Lundin, Lundin On Chapter 13, § 32.2, at ¶ ____, LundinOnChapter13.com (last visited __________).

One aid to determining the extent of the debtor’s property is to insist that the debtor bring all paperwork the debtor has for the purchase of any item of property—all mortgages, security instruments, loan documents, notes, coupon books and other evidence of installment debt. From these documents, counsel can determine the existence of property that the debtor has purchased or is still paying for, and often the documents will reveal the existence of forgotten items of property. Debtors remember the boat they bought two years ago; they don’t immediately recall the trailer, the depth finder and the water skis also listed on the face of the contract.


If the debtor has a bank account, the statements will reveal more than just the cash balances that must be scheduled. A quick review by the debtor of checks written over the last year or two will bring to mind items of personal property.