Line 17 of Schedule J

[pcn]

She spoke with an attorney and she is driving an 88 Civic with 188k miles on it, and he told her to trade it in for something new, or newer while her credit was still good, so she is going tomorrow to look at an 05 4-runner, I know the owner of the dealer and hopefully I can get her a good deal on it.

Keep an eye on the equity she might create if there is a down payment, and the amount she can exempt in her state. Here in AL we don't even have a vehicle exemption...

[mysticspirit25]

Keep an eye on the equity she might create if there is a down payment, and the amount she can exempt in her state. Here in AL we don't even have a vehicle exemption...

She still has credit scores in the high 600's low 700's, she is trading in a 86 blazer worth about $1500 (they said they would give her 1250 for it), so I doubt there will be much equity there, esp. for an 05 used vehicle. But in any case, she has plenty of exemptions left to exempt it if it should arise. I just hope the TT does not balk when she lists 300k+ in ERISA qualified ESOP (not ESPP), which she cannot touch until she is 59 1/2, or 3 years after she quits. I know it is exempt b/c she does not contribute nor is she able to, but it is one of those plans where the employer puts money into an ERISA account at the end of the year depending on how well the company has done, and she worked there for 30 years and has earned that much..

[DebtHater]

To answer the OP's question my line 17 includes expenses such as cell phone, pet care, gifts and childrens' after school activities.