indiana and firearms.

[bigtim6656]

I am getting ready to file in april or may when my 2 years is up on a house i sold. I have a few firearms and am wondering if i need to claim this on my bk or is it exempt. How does a firearm play on a indiana bk chapter 7.

[justbroke]

I don't believe that Indiana has an explicit firearm exemption. (There are some States that exempt at least 1 firearm!) So, that means you'd have to use part of your Wildcard exemption to cover the firearm(s). If they are expensive firearms, then you'll be eating up a bunch of your wildcard exemption.

[bigtim6656]

One is a 200 22 and a 200 12ga.

I don't believe that Indiana has an explicit firearm exemption. (There are some States that exempt at least 1 firearm!) So, that means you'd have to use part of your Wildcard exemption to cover the firearm(s). If they are expensive firearms, then you'll be eating up a bunch of your wildcard exemption.