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How is this going to work for my vehicle exemption??

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    How is this going to work for my vehicle exemption??

    We're filing chapter 7 in AZ. We have 2 vehicles, one we own and the other has a lien.

    We get $10000 to exempt vehicles ($5000 for single, double that for married couple)

    My car valued at 9040.00 and we owe 6900.

    My truck valued at 6295.00 and we owe nothing.

    Will my truck be exempted? Does the $5000 apply to one vehicle???
    Filed C7 9-14-09
    341 Meeting 10-26-09
    Last day for Objections 12-28-09
    Discharged 1-4-10

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