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    exemption question

    If you have an item that is covered under an exemption (wildcard) are you free to give or sell that item?

    #2
    Technically, no. Everything is property of the bankruptcy estate until your case closes. However, people do it anyway. Whether it will cause a problem probably depends on what it is, it's value, whether it's a questionable exemption, etc.
    There are two secrets for success in life:
    1.) Never tell everything you know.

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