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  1. #1
    Join Date
    May 2011
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    2

    Default How to Complete Schedule C for Bankruptcy

    My question involves bankruptcy in the state of: Chapter 7. I filed on my own, the trustee has been very kind. I dumped CC's only. I missed putting the house on schedule A and then making it exempt on schedule C. I have to get this downtown this afternoon. I need to know which of the boxes to check at the top and what I should put in column 2, 3, and 4. If anyone can offer any advice that would be wonderful. I have everything else done. I just want to make sure I check the right box so I don't loose the house. Thank you in advance.

  2. #2
    Join Date
    Sep 2005
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    Default Re: How to Complete Schedule C for Bankruptcy

    A Schedule C is a pretty simple form. You list all of the property that you believe is exempt from the bankruptcy estate, provide a description of the property, identify the law that provides for the exemption and the value of the claimed exemption, and list the current value of the property without deducting the exemption.

    For example, in Florida, when listing your home you would identify the state's (unlimited) homestead exemption.

  3. #3
    Join Date
    May 2011
    Posts
    2

    Default Re: How to Complete Schedule C for Bankruptcy

    I have two options to choose from 11 U.S.C 522(b)(2) or 11 U.S.C 522(b)(3)
    Do you know which one I should choose???

    That is my only question on the form????

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