If filing Chapter 7, can I keep an old jet ski that was purchased years ago with cash?
Question Details:
It's old and in storage but I want to keep it. No credit card was used; I got it 10 years ago.
Michael D. Siegel / Siegel & Siegel, P.C.
Answered 1 year ago
This attorney is licensed in New York
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Just allege its value at zero and see if the trustee does anything. It probably has limited value. Otherwise try to fit it in some exemption category.
