Exemption question (investments)

[Argh!]

I know it's a case-by-case basis but I'll ask anyway

My state allows a $1000 exemption for investments. On the day I filed I had just under $300 over the limit. Is the $1000 a hard rule, or will I have to somehow pay the $300?

Thanks.

[HHM]

Its a hard rule, you only get to exempt up to the amount of the exemption.

Now, whether the trustee will bother over $300 is another question.

[Argh!]

So would I pay the trustee ~$300 or would I be forced to sell some of the stock?

[keepmine]

The trustee will want cash. Likely, they won't bother with $300-it's just not meaningful recovery.