We are in California and using the system 1 exemptions.
How many $'s worth of clothing, furniture etc. are we allowed?
(says reasonably necessary)
Also, if we do not use the full $75000 on the homestead, can we use the left over amount on something else, like our truck that's paid for?
How much disposable income is too much?
We have a home that we are surrendering but are using the homestead on a different home that i co-own with my brother. Can we have the first home discharged and still be put into ch. 13 for our $20K of credit card debt if our disposable income is too high?
Any input or sharing of your personal experience would so greatly be appreciated.
How many $'s worth of clothing, furniture etc. are we allowed?
(says reasonably necessary)
Also, if we do not use the full $75000 on the homestead, can we use the left over amount on something else, like our truck that's paid for?
How much disposable income is too much?
We have a home that we are surrendering but are using the homestead on a different home that i co-own with my brother. Can we have the first home discharged and still be put into ch. 13 for our $20K of credit card debt if our disposable income is too high?
Any input or sharing of your personal experience would so greatly be appreciated.
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