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Do I Have to List All of My Property?

You must list all existing credit cards. Failure to list all accounts is a serious federal crime. Creditors can be added up to two weeks before discharge.
Yes. You must list all of your assets including your home, cars, life insurance policies, pension plans, IRAs and 401(k) plans, and any property for which you are a co-signer. However, the court cannot take your pension or attach your wages.
Chapter 7 bankruptcy is also called "liquidation" or "reorganization." Under Chapter 7 of the U.S. Bankruptcy Code, the bankruptcy court has the power to relieve petitioners of responsibility for most or all of their debts that are not secured by collateral or property. This is called a "discharge" of your debts. Certain debts cannot be eliminated. Certain property you own is protected during bankruptcy. This is called "exempt" property. Exemption laws vary from state to state. Before your liability for the debt can be removed, the court must sell all your nonexempt property (if any) and distribute the proceeds among your creditors.

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