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Consumer Bankruptcy : Chapter 7, Chapter 13, Protection From Claims of Creditors
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  #1  
Old 04-02-2003, 05:00 PM
wmondt
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in a chap 13, on sched c, what should you list exempt?


What is the name of your state?
  #2  
Old 04-02-2003, 05:02 PM
wmondt
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missouri
  #3  
Old 04-03-2003, 08:01 AM
kevinss
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bump


bump
  #4  
Old 04-03-2003, 09:23 AM
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Location: Nashville,TN
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Have you looked for the MO exemptions ??? THAT's what you list on the schedules.

Here's a site for exemptions:
[url]http://www.thebankruptcysite.com/exemptions/missouri.htm[/url]
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  #5  
Old 04-03-2003, 10:08 AM
kevinss
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I didn't think any exemption listing was necessary in a 13. I thought it was simply a repayment plan with no liquidation of assets.
  #6  
Old 04-03-2003, 10:18 AM
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Location: Nashville,TN
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It is.... this is what's required for a Ch 13:

"In order to complete the Official Bankruptcy Forms which make up the petition, statement of financial affairs, and schedules, the debtor will need to compile the following information: 1. A list of all creditors and the amounts and nature of their claims; 2. The source, amount, and frequency of the debtor’s income; 3. A list of all of the debtor’s property; and 4. A detailed list of the debtor’s monthly living expenses, i.e., food, clothing, shelter, utilities, taxes, transportation, medicine, etc. When a husband and wife file a joint petition or each spouse files an individual petition, the above detailed data must be gathered for both spouses. So that financial responsibilities can be accurately assessed when only one spouse files, the income and expenses of the non-filing spouse should be included in the debtor’s schedules and statement of financial affairs. Upon the filing of the petition, an impartial trustee is appointed to administer the case. 11 U.S.C. § 1302. "

I don't think the poster had done a whole lot of research .. and should.
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