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Resources for non-vehicle 722 Redemption loans

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    Resources for non-vehicle 722 Redemption loans

    I've only recently heard details about using redemption funding for things other than cars.

    Any resources for more information or lenders who provide these loans?

    Thanks

    #2
    What other things do you have in mind?

    Redemption loans are used for things like Jet Ski's, small boats, trailers, that kind of thing, assets that you can't normally exempt but have some equity to make it worth the trustee's while.

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      #3
      That's exactly what I'm looking for.
      I'm working with a musical instrument worth maybe $5k (working on an appraisal).
      She doesn't even have a car loan, so it'll be a snap to show it's not a hardship.
      This site is the first I've heard much about non-car redemption loans.

      Also, is this typically something you prepare on the side and conveniently bring up only if/when the trustee decides it's an asset worth pursuing?

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