What is considered outside net worth for consumers?

Take Net Worth (Assets - Liabilities) and then further subtract the following: - Nonlisted stocks & bonds. - Notes receivable from related parties. - At least 50% of retirement accounts (IRA, Keogh, etc.) - Investments in closely held businesses (that is where the borrower does not own the business 100%) - Personal property and other assets. We subtract all of these from the Net Worth to see what the borrower can truly liquidate to support a loan in case of trouble. All of the above should be discounted as the borrower may not readily be able to liquidate and these asset values are usually inaccurate. As you can see all of the assets listed above rely a great deal on the borrower being accurate and truthful and even if they are it doesn't mean that they can help support a loan by liquidating any of these.