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Household goods or sporting equipment?

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    Household goods or sporting equipment?

    Would a barbeque pit be considered under the household goods exemption or sporting equipment exemption? Also, would a lawnmower classify as a household goods exemption? I'm not sure where else to put it on Schedule B. The last thing I had a question about is a very old used treadmill, 20 years old as a matter of fact. I assume that would go under the sporting goods category, right?
    Filed Consumer Chapter 7 12/18/08
    341 meeting 1/15/09

    No-asset distribution report filed 1/20/2009
    Discharged 3/23/09

    #2
    exemption examples

    Hello NewDawn,

    I have seen some state exemptions that had a very nice list of examples to guide you. What state are you dealing with?

    Tom in Colo
    Ch7 filed 5/12/2010.....341 meeting 6/30/2010....report of no distribution 8/15/2010.....discharged 10/01/2010.....closed 11/09/2010

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      #3
      Texas. This is actually for my mother and father-in-law. They have too much equity in their home to claim the federal exemptions. I know Texas has both a sporting equipment exemption and a household goods exemption. So I was wondering which category would fit better for those items.
      Filed Consumer Chapter 7 12/18/08
      341 meeting 1/15/09

      No-asset distribution report filed 1/20/2009
      Discharged 3/23/09

      Comment


        #4
        check state exemptions

        Hello NewDawn,

        Go to a website that has the Texas exemptions listed. Find where in the list your stuff is best suited. I don't think this is a big deal unless you are talking about some high value property.

        Texas w/ the best homestead exemption; everything up to 100 acres in the country or 10 acres in town. All exempt up to those sizes.

        Be sure to use Texas exemptions, most better than federal exemption.

        Good luck with all this,

        Tom in Colo
        Ch7 filed 5/12/2010.....341 meeting 6/30/2010....report of no distribution 8/15/2010.....discharged 10/01/2010.....closed 11/09/2010

        Comment

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