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Re: save or lose this asset in bankruptcy?


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Posted by debtvolks (68.2.207.101) on August 15, 2004 at 12:54:36:

In Reply to: Re: save or lose this asset in bankruptcy? posted by Why Chat on August 15, 2004 at 12:49:12:

"**Motor Vehicle $5,000 or $10,000 if disabled,**
This is for EACH of you."

we are aware of this (tho we keep seeing references to a
limit of $1500 - have to double check). however, we
already have 2 cars to claim under this exemption; the
reliable car, and my beater. the ole truck is NOT protected,
and i was just curious if there were some way to save it.
looks like not, unless we want a CH 13, which we kinda
don't. thanks!


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