Quick one---Schedule B # 25 Automobiles

[DebtZombie]

Ok, so im doing pro-se and have NOLO and read the boards and am still stuck on 2 things probably simple.

Schedule B # 25 Automobiles

1)van is worth 3k, owned outright. My states exemption is 5k.

its asking for current value of debtors intersest in property, without deducting any secured claim or exemption.

Now normally common sense tells me to put down 3k, cause thats what its worth without deducting anything. But Nolo makes some weird comment in their notes about state exemption. what do i put for value for the van?

2) 2nd car worth 11k, i owe 18k. what do i put here? 11 k or 0(as its not worth anything to me technically)

thanks all

[platter]

Bump

[ccsjoe]

You put 3K for van, list 11K value for second car but rebut it by not claiming as exempt and claiming the loan/lease in Schedule G backed by payments on Schedule J and listing lender on creditor matrix

[DebtZombie]

woohoooooooo many many thanks folks