Food & fuel to last family for 6 months exemption question

[Fallonedward]

What does this exemptions mean?




Does this mean on the day of my filing I can have cash on hand for food and fuel to last my family for 6 months?

[newbie2]

What does this exemptions mean?




Does this mean on the day of my filing I can have cash on hand for food and fuel to last my family for 6 months?

I think the literal sense is what they mean. If you have an oil or propane tank you are allowed to fill it. Same with your pantry.

[AngelinaCatHub]

It is a good idea for EVERYONE to have at least that much food and fuel stored. We are on the brink of another great depression, and if you cannot see that, at least YOU are in a depression or you would not be in bk.

The Mormons store a year's supply for religious reasons of possible famine. They are very family protective.

Think of this as "insurance". If things get real bad at least you can eat or barter your goods at today's prices and not hyper-inflated prices.

We store 500 gals of diesel, (I have a diesel car) canned stews (Dinty More is good) grains, spam canned hams, beans in can and dried, ammunition, paper goods, soap (good to barter or use) matches, coffee, kerosene lamps and l.e.d. lamps and batteries. Figure everything you would need after a hurricane. Good rule of thumb. It is exempt so stockpile.

This buying gold to hedge on inflation is so foolish. You cannot eat the stuff, how are you going to measure the stuff to buy a box of matches from your neighbor. But trading 5 22 bullets for a box of matches is real money. Think about it.

Old Book "Alas Babylon" by Pat Frank c.1959 a very good survivalist novel. Still relevant today. 'Hub

[momofthree]

What does this exemptions mean?




Does this mean on the day of my filing I can have cash on hand for food and fuel to last my family for 6 months?

No. As the others stated, it means you are allowed to stock up on up to 6 months worth of food and fuel. They're not going to bust down your door and walk out with your freezer full of meat. However, if you have a couple thousand dollars sitting in your bank that you're claiming is to feed your family for the next 6 months, you can bet your butt they're going to take it....

[Fallonedward]

No. As the others stated, it means you are allowed to stock up on up to 6 months worth of food and fuel. They're not going to bust down your door and walk out with your freezer full of meat. However, if you have a couple thousand dollars sitting in your bank that you're claiming is to feed your family for the next 6 months, you can bet your butt they're going to take it....

Thanks, this is excellent info, I really appreciate everyone responding