My wife was in a car accident and received a settlement 2 years ago. Since that time with her not working and me losing my job, we have been forced to file CH 7, and are in the process of finding an attorney and all that now. We own a small pop-up camper which is worth about $1900, and we desperately don't want to lose it. Will we be able to keep it? We don't owe anything on it.
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That will depend on how many exemptions you are allowed for Ohio. Do you own a home? Are you making mortgage payments. How much in debt are you, and for what? I can understand the medical for your wife. How old is the camper? We will need a bit more information before anyone can offer an educated opinion.
Welcome to the forum, BTW.
"To go bravely forward is to invite a miracle."
"Worry is the darkroom where negatives are formed." -
We lost our home in 07. Not including that we are about 14K in debt. (add 50K for the default on our mortgage.) The camper is 7 years old, we bought it used. We had some credit card debt. We haven't had any new debt in years, we've just been trying and failing to pay things off. Lots of medical debt. I had my car repossessed.
I haven't had a credit card in years, but when I lost my job we weren't able to keep up. The car had about 7000 left to be paid on it and I don't know what it sold for (2003 Pontiac Vibe taken earlier this year.).
We have some utilities from our old house and old cell phone contracts, Directv, things like that. The credit card debt is less than 4000.Comment
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I forgot to say thanks!Originally posted by AngelinaCat View PostWelcome to the forum, BTW.Comment
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Hi Unlucky, and welcome!
Your aren't unlucky if you are filing in Ohio....Ohio has a 1K wildcard, double since you are filing jointly, so you can exempt 2K worth of anything you want, including the pop-up camp trailer. And Ohio has generous exemptions on other personal property so the wildcard should be free to cover the trailer.
From your post, it seems you will be a fairly simple Ch 7 BK. For a good overview of the BK filing process, you could get the NOLO book (www.nolo.com) It is a step-by-step guide to filing, you can get a good feel for for the process. Gives you a better set of questions to ask if you interview some attorneys.
Then, of course, post any questions here, lots of good folks to help you out!
Tom in ColoCh7 filed 5/12/2010.....341 meeting 6/30/2010....report of no distribution 8/15/2010.....discharged 10/01/2010.....closed 11/09/2010Comment
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