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  1. #1
    Join Date
    Mar 2008
    Posts
    3

    Default Re: Selling Personal Items To Avoid Bankruptcy

    Thanks for the link to California Exemptions.

    I rent--can I still use "Homestead" expemption to add to the amount?

    Up to $525 per item (Musical Instruments)--who determines the value? What is "yard sale amount?" I mean, really if I sold my guitar at a yardsale I'd get $5...

  2. #2
    Join Date
    Mar 2008
    Posts
    3

    Default Re: Selling Personal Items To Avoid Bankruptcy

    ...and up to $2550 for a car--my 2000 Ford Explorer is probably worth maybe twice that--so they take it and give me $2400 to buy something else?

    I may as well just jump off a bridge.

  3. #3
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,252

    Default Re: Selling Personal Items To Avoid Bankruptcy

    Quote Quoting slinger
    View Post
    I may as well just jump off a bridge.
    No! Don't even think it.

    Someone may come along with some add'l. info for you but I think your best bet is to talk to a bk attorney. They can answer all your questions & concerns.

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