Florida "Wild Card" exemption

06-09-2009, 02:51 PM

hankadoodle hankadoodle is offline

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Join Date: Jun 2009

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Florida "Wild Card" exemption

What is the name of your state (only U.S. law)? Florida

My wife and I live in Florida and are considering filing chapter 7 bankruptcy.

We own a mobile home that is situated on rental property and therefore we can not claim a homestead exemption.

It is my understanding that in addition to the standard exemption of $1,000 each for personal property, we would also be entitled to a "wild card" exemption of $4,000 each.

Here is my question: Can part of the $8,000 be applied to a car we own?

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