Does any body know anything about insurance policies? I have two life insurance policies that are worth about $800.00 cash value. Is this an asset that I can claim as an exemption?
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Does any body know anything about insurance policies? I have two life insurance policies that are worth about $800.00 cash value. Is this an asset that I can claim as an exemption? -
Current federal exemptions include any unmatured life insurance contract you own, except for a credit life insurance contract. Whether your state allows it depends on which state you live in - where are you planning to file?Originally posted by MCortez View PostI am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.
06/01/06 - Filed Ch 13
06/28/06 - 341 Meeting
07/18/06 - Confirmation Hearing - not confirmed, 3 objections
10/05/06 - Hearing to resolve 2 trustee objections
01/24/07 - Judge dismisses mortgage company objection
09/27/07 - Confirmed at last!
06/10/11 - Trustee confirms all payments made
08/10/11 - DISCHARGED !
10/02/11 - CASE CLOSED
Countdown: 60 months paid, 0 months to go -
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