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Fritz
Fritz, Attorney
Category: Bankruptcy Law
Satisfied Customers: 302
Experience:  Florida attorney with extensive experience in Chapter 7 and Chapter 13 consumer bankruptcy cases
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amending my Michigan bankruptcy schedule C, trustee said we

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amending my Michigan bankruptcy schedule C, trustee said we have to add our tax refund to our exemptions. we are renters and do not own a home, so putting our 7,014 refund under the 522 (d) (5) code, will the entire refund be covered?

Fritz :

Hi, I'd like to assist you with your bankruptcy questions this afternoon.

Customer:

thank you

Fritz :

Since you are not claiming a homestead exemption, you can claim the unused portion of the homestead exemption up to $10,825 if filing alone.

Fritz :

Or up to $21,650 if filing jointly with your spouse.

Customer:

ok, shew! just wanted to make sure that applied to me since im not a home owner

Fritz :

You might want to double-check to make sure that you didn't use part of your wildcard exemption (Section 522(d)(5)) for any other personal property you claimed as exempt.

Customer:

only for $92

Fritz :

Then you shouldn't have a problem.

Customer:

thank you

Fritz and other Bankruptcy Law Specialists are ready to help you