Whether the trustee makes a motion for the sale of the vehicle depends on a couple items. First, what is the "blue book" value of the vehicle? Second, as in the previous post, you are entitled to either a state or Federal exemption for your car, and this depends on your state. In addition to the specified vehicle exemption, you may use, if applicable, the wildcard exemption. The wildcard exemption allows you to exempt an additional $1075 on any property you choose. You also are entitled to the unused portion of the homestead exemption, up to $10200. You may use that on any property you choose as well. Speak with your attorney or leave another post with some specifics and we can figure it out then. Take care.
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