I'm pretty sure I have to use Tennesse's exemptions, which is ok. (better than alabamas)
But my attorny mentioned she was wondering if TN made it to where you currently had to be a resident to use their exemptions, and is looking into it.
The facts about us:
1. Set up residency in Alabama in Feb. 2006
2. Lived in Tennessee exclusively before that for 5 1/2 yrs.
3. Alabama says I have to use my previous states exemptions.
The Question:
Does TN alow use of their exemptions if I'm currently not a resident? (i think this was her concern)
If not, I'll have to use federal Exemptions whatever those are?
AL:
The state you lived in for the 730 days (2 years) before filing; or
If you did not live in a single state in the previous 2 years you use the state where you lived the majority of the 180 period preceding the 2 year period; or
If the preceding renders you ineligible for any exemptions then the debtor is allowed to choose the federal exemptions.
TN:
The state you lived in for the 730 days (2 years) before filing; or
If you did not live in a single state in the previous 2 years you use the state where you lived the majority of the 180 period preceding the 2 year period; or
If the preceding renders you ineligible for any exemptions then the debtor is allowed to choose the federal exemptions.
But my attorny mentioned she was wondering if TN made it to where you currently had to be a resident to use their exemptions, and is looking into it.
The facts about us:
1. Set up residency in Alabama in Feb. 2006
2. Lived in Tennessee exclusively before that for 5 1/2 yrs.
3. Alabama says I have to use my previous states exemptions.
The Question:
Does TN alow use of their exemptions if I'm currently not a resident? (i think this was her concern)
If not, I'll have to use federal Exemptions whatever those are?
AL:
The state you lived in for the 730 days (2 years) before filing; or
If you did not live in a single state in the previous 2 years you use the state where you lived the majority of the 180 period preceding the 2 year period; or
If the preceding renders you ineligible for any exemptions then the debtor is allowed to choose the federal exemptions.
TN:
The state you lived in for the 730 days (2 years) before filing; or
If you did not live in a single state in the previous 2 years you use the state where you lived the majority of the 180 period preceding the 2 year period; or
If the preceding renders you ineligible for any exemptions then the debtor is allowed to choose the federal exemptions.
forgot the date