Just Burglarized

[sdbird101]

I just woke up today to find that I was robbed of about $2500 worth if items from my garage today. It was being stored there and was going to be exempt anyway for the most part. This means I will probably be getting an insurance check for $2000 here shortly.

I was going to file monday for ch7 but now thinking I should hold off a few weeks so I can take the money and repurchase these exempt assets, as here in indiana we are only allowed $300 of intangible property, ie cash, and $0 allowed of money owed to you, so I suspect the trustee would want this check or the cash if I have it at time of filing.

Any thoughts?

This really isn't what a needed.

[LuciluS]

Sorry to hear someone stole your property from your garage. Such mean people in this Country today.

I really don't know if you should wait or not. My only doubt would be if the exempt property was used (old) and had a low value to it & you went out and bought it new to replace the property, wouldn't the value be higher.

Just my thoughts.

Luci

[sdbird101]

Id probably actually replace some, use the rest to by some medications I had put off, car repairs, maybe a new suit to go interviewing in, heck maybe I should consider using it to hire an attorney, but having really completed everthing for my filing already, I'd hate to pay $1200 for them to do practically nothing.