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Old 10-05-2005, 03:44 PM
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Join Date: Oct 2005
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Bankruptcy exemptions

What is the name of your state? Indiana


My question is to do with bankruptcy exemptions in the state of Indiana (not allowed to use Federal exemptions). I do not own any real estate, just an automobile and household items-the total for all property is $2,570. I am filing jointly w/ my husband. My question is, their is only about one exemption we can use, it's the wildcard exemption for Indiana (which is for $4000 worth of real estate or tangible property). Am i allowed to use this exemption for all of my personal property (i mean list the same exemption for each set of property) or can i only use this exemption once, for one set of property up to $4000?
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Old 10-05-2005, 06:27 PM
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Join Date: Feb 2002
Location: Nashville,TN
Posts: 15,706
You are allowed to use up to $4000 for your personal property.
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