WAG 07-04-06: Nonliquid Assets

PM 07-04-06

The following documents and records are generally available from the unit to verify nonliquid assets:

• Sales agreements
• Mortgage data
• School tax receipts
• Income tax returns
• 
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Other sources for verifying nonliquid assets include:

• Courthouse records
• Lending institution records
• Tax records
• 
• Property records

The value of nonexempt nonliquid assets is the equity value of the property (fair market value minus the amount owed on the property).