I am getting ready to file in april or may when my 2 years is up on a house i sold. I have a few firearms and am wondering if i need to claim this on my bk or is it exempt. How does a firearm play on a indiana bk chapter 7.
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I don't believe that Indiana has an explicit firearm exemption. (There are some States that exempt at least 1 firearm!) So, that means you'd have to use part of your Wildcard exemption to cover the firearm(s). If they are expensive firearms, then you'll be eating up a bunch of your wildcard exemption.Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
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Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
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One is a 200 22 and a 200 12ga.Originally posted by justbroke View PostI don't believe that Indiana has an explicit firearm exemption. (There are some States that exempt at least 1 firearm!) So, that means you'd have to use part of your Wildcard exemption to cover the firearm(s). If they are expensive firearms, then you'll be eating up a bunch of your wildcard exemption.
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