Guns and Chapter 7?

[justbroke]

Yeah that post about the MP5 was made while I was typing my post, so I didn't know what types of firearms the OP was talking about.

Sorry, didn't consider that you missed the cross-posting. How sweet it must be to own one of those though.

I probably should correct myself too. The Trustee could sell a pre-ban (pre-AWB 1986) M5PK for $8K.

[AngelinaCat]

I had to 'google' it in order to know what we are talking about. I know what an AR 15 is though.

[aces67]

I must google this M5PK. I'm curious now

[justbroke]

I must google this M5PK. I'm curious now

Yeah, and don't look at the one from AirSoft. You want the one from Heckler and Koch (H&K).

[95kindebt]

I would agree for your common everyday Colt, Sig, Glock, etc.

Well, an MP5K is a totally different thing. It is special and is of significant value. It actually has significantly appreciated in value since the Assault Weapons Ban of 1986.

I'm willing to bet $1, that the Trustee could sell an MP5K for $8K in less than 10 days.

I totally agree. And they are traceable since you have to file a form 4 to have posession of it.

[95kindebt]

so when you buy something back from the trustee, does the trustee hold said item until it's paid in full, or do you hold said item?

[tinfoilhat]

Yeah, and don't look at the one from AirSoft. You want the one from Heckler and Koch (H&K).

Just tell the trustee it's an Airsoft MP5K
<---insert smilie so people know I'm kidding.

[justbroke]

so when you buy something back from the trustee, does the trustee hold said item until it's paid in full, or do you hold said item?

You keep them in your possession.

[pcn]

Maybe the trustee can't pass the background check...
Tell him he can have it after he passes all the checks, and gets all the ATF approvals done, after all it only takes a "few" months to get all that done.

[95kindebt]

maybe the trustee can't pass the background check...
Tell him he can have it after he passes all the checks, and gets all the atf approvals done, after all it only takes a "few" months to get all that done.

great point.

[justbroke]

Maybe the trustee can't pass the background check...
Tell him he can have it after he passes all the checks, and gets all the ATF approvals done, after all it only takes a "few" months to get all that done.

Awesome! That's right.. you can't even "hand it over" to the Trustee anyhow. It's a controlled weapon! You couldn't even hand it over to most FFLs (Federal Firearm Licensees). They have to have a Class III NFA "endorsement" (don't know what it's called).

[pcn]

Maybe the trustee can't pass the background check...
Tell him he can have it after he passes all the checks, and gets all the ATF approvals done, after all it only takes a "few" months to get all that done.

I was only 90% kidding, but I am interested in theoretically what they would do with something of value that you couldn't give them legally. I feel your husband's pain. I had one, and sold it a few years ago for waaaaay too little. I wish I had a real solution for you. If I had any guns nowadays, they wouldn't have come from a dealer, or used any other paperwork.

[justbroke]

I was only 90% kidding, but I am interested in theoretically what they would do with something of value that you couldn't give them legally. I feel your husband's pain. I had one, and sold it a few years ago for waaaaay too little. I wish I had a real solution for you. If I had any guns nowadays, they wouldn't have come from a dealer, or used any other paperwork.

I see this no differently than you having NFA and destructive devices and not just handing them over to anyone. These are not play things.

[95kindebt]

husband said that they are protected under the FOIA (freedom of information act) request with the ATF.
need to look into that. I highly doubt it.
He bought the MP5K 9 years ago, and it's trippled in price.

[floridian]

the only way you will ever know forsure, is to throw them under your over-coat and bring them to the 341 meeting...that will clear things up!