My question involves bankruptcy in the state of: Florida
Trying to save the car and the $2,000 treadmill bought 7 months ago. The car value is 4,000 if sold private party- BUT the BK Lawyer is using a trade-in value of $3,000. I can drop the value of the treadmill for resale to $1500 probably and add an older computer worth $300. However, I'm still scared about my total exemptions amount and the value accepted for the car! Help. Thank you.
Trying to save the car and the $2,000 treadmill bought 7 months ago. The car value is 4,000 if sold private party- BUT the BK Lawyer is using a trade-in value of $3,000. I can drop the value of the treadmill for resale to $1500 probably and add an older computer worth $300. However, I'm still scared about my total exemptions amount and the value accepted for the car! Help. Thank you.
Chapter 7: What is the Total Dollar Amount of Exemptions Allowed in Bankruptcy
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