QUESTION
I filed a chapter 7 and I am overexempt by 7,000 on my car. can I apply the fl wildcard exemption of 4,000 to lower the value of my car ?
Asked on Nov 22nd, 2012 on Bankruptcy - Florida
More details to this question:
How can this benefit my situation. If i want to change lawyers at this point what would happen with the amount i payed him for the bankruptcy
1 ANSWER
If you do not have, or are not claiming a homestead (exempting your primary residence), then you can apply the wild card exemption. You can also use your $1,000.00 exemption under Article X, Section 4 of the Constitution.
Answered on Nov 23rd, 2012 at 10:21 AM