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cfortunato, Attorney
Category: Bankruptcy Law
Satisfied Customers: 8023
Experience:  Bankruptcy professor.
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Is it possible that a guitar could be exempted on Sched. C

Customer Question

Is it possible that a guitar could be exempted on Sched. C as a "Health Aid"? It's value is estimated at $1000. My husband has anxiety and high blood pressure. His doctor recently recommended that he play often to reduce stress.
Submitted: 7 years ago.
Category: Bankruptcy Law
Expert:  cfortunato replied 7 years ago.
Hi JACustomer,
Unless it can be proved that playing that particular guitar is necessary for his health, the trustee would probably order that the guitar be sold, and a cheaper one purchased.