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Re: Lawsuit
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Posted by Why Chat (209.240.198.61) on August 17, 2003 at 19:43:59:
In Reply to: Lawsuit posted by Kitty on August 17, 2003 at 18:35:15:
You say you stopped paying 05/2001, was that to the Original Creditor? or "Credigy". Kansas has excellent consumer protection, they MIGHT be able to garnish your salary, but that's about all. Exemptions or Assets that can be kept in a Bankruptcy
For the purpose of judgment enforcement or in a bankruptcy proceeding, a debtor is generally entitled to certain statutory exemptions under state laws or federal laws, or both.
Under the laws of Kansas, a judgment debtor may claim homestead exemption to the extent of 160 acres of farming land, or of one acre within the limits of an incorporated town or city, or a manufactured home or mobile home, that is occupied as a residence by the owner and his family.
Other exemptions include:
certain public or retirement benefits, and
personal property that are necessary to sustain the basic needs of the judgment debtor and his family,
Jewelry, $1,000,
Motor Vehicle, $20,000,
Tools of trade, equipment, books, furniture, feed, stock, $7,500,
Specifics of these exemptions are prescribed under K.S.A. 60-2301 et seq.
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