Help Please

[need help]

Would someone please explain the "Wildcard Exemptions" to me?
Reason being, I would like to keep my tv,stereo,computer and dvd player since this is about all I have that is mine.

[djk]

Wildcard Exemptions can be used to exempt property that is not covered by other exemptions, in most cases.

[Minnymouth]

Most personal items like furniture, tv's etc fall under the personal exemptions..... usually wild cards can be used for anything usually.

If you are considering filing, have a consultation with at least 3 attorneys and listen to their options you can do.......

Sounds like your a Chapter 7 NO ASSETS..... especially if you own no home/property etc.....

Pesonal belongs is just that - personal belongs....

[SinkingFast]

Just an example,............

Say you have a car worth $5500. That's either paid in full, or equity above an existing note. Your State's Vehicle exemption limit is $5000. But your State also gives you a $500 WildCard exemption to use any way you choose. You could apply the WC to car to protect the excess, unprotected equity.