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    Exemptions?

    In Oregon the auto exemption is $1700.00. What does that mean? I have an 2001 Dodge Dakota that I owe about $10K on. Blue book says it's worth about $9K if sold privately. If I file a 7 or a 13 do I still keep the truck?
    Filed CH13 November 2008
    341 with confirmation recommendation Jan 7/09 100% payback to secured and 10% to unsecured.Plan completed and discharge 02/20/13

    #2
    Originally posted by Andyman View Post
    In Oregon the auto exemption is $1700.00. What does that mean? I have an 2001 Dodge Dakota that I owe about $10K on. Blue book says it's worth about $9K if sold privately. If I file a 7 or a 13 do I still keep the truck?
    If you keep making the payments on it you should be able to keep it If you dont keep paying for it they will repo it on you.

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      #3
      You have no equity in it, so nothing to exempt. So the BK court won't take it regardless of which chapter you file.
      Filed CH 13 September 17, 2007
      Plan Modified July 8, 2009 from $1100/month to $400/month due to change in income, finally discharged in July of 2013!

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