I am hoping someone here can help explain how this happens. I am filing Ch 7 next month. I will probably be an asset case because I have things of value that exceed the 4000 FL exemption, as well as a paid of vehicle worth about 6k.
Who and how will the decision be made of how the trustee gets my assets. Lets say I have 7000 worth of belongings, can I decide what 4000 worth of items I want to keep or does the trustee decide? Or do the keep everything and give me 4000? I'm not sure how this works and I have never seen it discussed.
Thanks a bunch.
Who and how will the decision be made of how the trustee gets my assets. Lets say I have 7000 worth of belongings, can I decide what 4000 worth of items I want to keep or does the trustee decide? Or do the keep everything and give me 4000? I'm not sure how this works and I have never seen it discussed.
Thanks a bunch.
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