Q: File Chapter 7 Bankruptcy can automobiles be placed on Schedule C: The Property You Claim as Exempt in State of Maryland
I am filing Chapter 7 Bankruptcy in the state of Maryland, trying to protect primary vehicle that has lien from Navy Credit Union and need to know what schedule do I list the car and where do I add the Wild Card
Personal property under federal bankruptcy exemptions
$5000 (applies only to bankruptcy cases)
MD Code Ann. C & JP § 11-504(f)
Wild Card
Cash or property of any kind
$6,000
MD Code Ann. C & JP § 11-504(b)(5)
Please advise
A: Car goes on schedule A/B and Exemption goes on Schedule C.
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