Bankruptcy Law Questions? Ask a Bankruptcy Lawyer.
so there is not a set dollar amount that you can keep?
i did not see any thing about jewlery IE my wedding ring - also what about re-establishing payment on say a vehicle if, we still have a loan on it?
so there is not a set dollar amount that you can keep?Not for clothes
i did not see any thing about jewlery IE my wedding ring - Unfortunately there is no exemption for jewelery.
also what about re-establishing payment on say a vehicle if, we still have a loan on it?
You can reaffirm the loan and retain the vehicle
so, they will take my wedding ring away? that is so sad
is there any clause or situation that would inable me to keep it?
the only other thing that i would really question is the personal photographs and personally made paintings (that i painted) etc. that i have - this also to me is priceless but in a garage sale - would mean probally zero unless by some crazy chance that someone rich walks in and decides i'm the next vangouh or something.... we also have a "framed" print my mom bought us for our wedding - i think she paid around 150.00 dollars for it - what would we say about theese items?
you said that i can re-afirm the loan and retain the vehichle .. what does that mean?
would l get a change in the intrest rate? would i have to just continue to make the payments that i currently make? would the amount i owe on it increase or decrease in any way?