The first thing you need to know about the exemptions is that you have a choice of which set of exemptions to use. You can use the federal exemptions that are laid out in the Bankruptcy Code, or you can elect to use your state exemptions (I presume Connecticut). In Texas, Debtors use the State exemptions the majority of the time. You should Google the Connecticut exemptions (someone will have a list) and see if they are better or worse in your case.

Second, keep in mind that Chapter 7 only discharges unsecured debt. So the Chapter 7 doesn't keep the bank from foreclosing on the house or the car company from ultimately repossessing the car if you aren't current. However, if there was a foreclosure, the bankruptcy does discharge your liability for any deficiency on the debt. If your primary purpose of the bankruptcy was to save the house/car and you can't work out a deal with the bank, you'd probably need a Chapter 13.

With respect to the van and motorcycle, if there is no equity in them, it really doesn't matter if they are on Schedule C because your are really only exempting the "equity" in the car. Note that the Schedule C asks you to indicate the "value of the claimed exemption" the property. "the value of the exemption" is just the equity. However, to be safe, list the car/motorcycle on Schedule C and take your best guess as to what the equity value is.

However, remember that listing it on Schedule C does not protect it from the bank.

As to the reaffirmation agreement, those are tricky. Generally, I never recommend clients to sign them. Especially if there is a possible deficiency. Usually they just get away with continuing to make the monthly payments. The one exception is that some banks say that they will foreclose if they don't get a reaffirmation agreement, regardless of whether you are making payments. The argument is that there is no payout agreement because of the discharge and the whole debt becomes due (as to the collateral only) and they can immediately foreclose. Most banks don't do that though.

With respect to the $2,400 for a vehicle, that only refers (under the federal exemption) to the value of your equity in the car (the difference between its value and the debt) -- by the way (it's $3,450 under 11 USC 522(d)(2)) You also have a "catchall" exemption of $10,825 if you haven't used it for your house.

Generally, I would say list it all on your Schedule C, keep making your payments on the house/car and you'll be fine on this issue.

Sorry for all the words, did that answer your question?