Re: CH 13 AND PERS. PROP. EXEMPTIONS

You can take out a loan against your cars with a WELL trusted
relative (parent) and have the lien recorded. I guess you would
spend the money on your bills.


Where to get the info Exemption info [it can vary from state to
state];
1. The BK court's website, the one you are going to file with
2. State laws (again on the web)
3. Your attorney or one of his staff can get you the info or tell
what to look up.



George

--- In , "jgl4biga"
wrote:
> WE ARE GOING TO BE FILING CH13 SOON AND I STILL DONT UNDERSTAND
THE
> EXEMPTION CONCEPT(MY ATTY. HASNT REALLY BEEN CLEAR ON THIS).WHAT
CAN
> WE KEEP(CARS, FURNITURE ETC) AND WHAT WILL BE LIQUIDATED?WE OWN
OUR
> CARS, HAVE NO REAL ESTATE(LOST THE HOUSE IN FORECLOSURE) AND
REALLY
> ONLY HAVE MINIMAL JEWELRY AND FURNITURE FROM OLD HOUSE(WHICH WAS
AN
> ALBATROSS ACCORDING TO OUR ATTY.)IS IN STORAGE.