how much will I have for personal property since I do not own a house.

[bigtim6656]

Here are indianas excemptions. How much will I have to for exemption on personal property since I do not own a house.

http://www.indianabankruptcy.com/exemptions.html

It seems to me from what I read it is about 10k including the wild care is that true.

[justbroke]

From what I can tell, you are entitled to the wildcard, and it is $8,000 (Indiana Code 34-55-10-2(b)(2)). Married couples filing jointly may double.

First, the link you point to is out of date. Second you have to read the qualifier on "personal property" in IC 34-55-10-2(b)(1) which covers the "homestead" exemption. It reads... "Real estate or personal property constituting the personal or family residence of the debtor...". So, it's not just any personal property. That personal property must be a residence. I believe it is written this way to cover mobile homes and trailers, not to cover "any" personal property. So, you can't use the $15,000 homestead exemption on "personal property" that is not a residence.

[bigtim6656]

So is it 8k married o 8k single as I am single.

From what I can tell, you are entitled to the wildcard, and it is $8,000 (Indiana Code 34-55-10-2(b)(2)). Married couples filing jointly may double.

First, the link you point to is out of date. Second you have to read the qualifier on "personal property" in IC 34-55-10-2(b)(1) which covers the "homestead" exemption. It reads... "Real estate or personal property constituting the personal or family residence of the debtor...". So, it's not just any personal property. That personal property must be a residence. I believe it is written this way to cover mobile homes and trailers, not to cover "any" personal property. So, you can't use the $15,000 homestead exemption on "personal property" that is not a residence.

[justbroke]

So is it 8k married o 8k single as I am single.

It is $8K single or married filing singly.

[bigtim6656]

That is enough. That should cover enough on my jeep for the equity and should leave enough for the rest of my stuff.

It is $8K single or married filing singly.