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file: NLAAS > section: Finances > variable: FN12 > language: English

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Variable Label: After total liquidation, would have $ left over after paying debts

 

 
FN12

Suppose you [(and your spouse or partner)] sell everything you own (cars, houses, land, etc.) and you use the money to pay all your debts (credit cards, mortgage, etc.), would you still have any money left over after paying your debts? (Your best estimate is fine.)

1 WOULD HAVE MONEY LEFT OVER

2 WOULD STILL OWE MONEY

3 DEBTS WOULD JUST ABOUT EQUAL ASSESTS  GOTO FN13A

4 DON'T OWE/OWN ANYTHING  GOTO FN13A

Additional Documentation

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ValueLabelFrequencyValid
Percent
Total
Percent
1WOULD HAVE MONEY LEFT OVER236553.24%50.87%
2WOULD STILL OWE MONEY60313.57%12.97%
3DEBTS WOULD JUST ABOUT EQUAL ASSESTS41309.30%08.88%
4DONT OWE/OWN ANYTHING106123.89%22.82%
-9REFUSED91-01.96%
-8DONT KNOW110-02.37%
.Missing6-00.13%

Disclaimer: Frequencies displayed above are not weighted.

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