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#1
11-05-2003, 04:12 PM
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2 cars under auto exemption?What is the name of your state? MI Sorry to have another question but... I will be filing Chapter 7 using the federal exemptions. I own 2 vehicles worth a total of approximately $2700. I believe the auto exemption is $2775. Can I claim both vehicles using this exemption? Do trustees have a problem with someone owning 2 vehicles even if their combined value is under the exemption limit? Thank you. |
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#2
11-05-2003, 05:42 PM
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| As long as you can get it all in within the exemption limit, it should be ok.
__________________ "Knowledge is Power - use it as you see fit ! I am not a lawyer or a member of the legal profession. My advice is based on research and experience, my own and others, some who practice law. You decide for yourself what actions you do or do not take from my advice. |
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#3
11-05-2003, 10:00 PM
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| Thank you, Ladynred. I sure hope you get something out of all the help you provide everyone. |
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