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Home / Opinion Digests / Bankruptcy – Vehicle Sale – Exempt Proceeds (access required)

Bankruptcy – Vehicle Sale – Exempt Proceeds (access required)

Where the chapter 7 debtor filed an amended schedule C claiming a $2,000 exemption on a 1988 Jeep Cherokee, and on his schedule D, he listed his father-in-law as a secured creditor and mother-in-law as an unsecured creditor on the note on the Jeep, the debtor is entitled to $2,000 in exempt proceeds from the ...