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Chapter 7 Bankruptcy question - Which exemptions do I use, Federal or St
?
I live in Florida now, but I have lived here only for about 1.5 years. So, I kno
ow I can't file as a Florida resident (730 day rule). Prior to Florida, I lived
in Indiana for 30 years, so as I understand it by the 180 rule, Indiana is the s
tate I would have to use. Indiana requires you to use their states's exemptions
and NOT the federal exemptions, but it DOES NOT allow you to use the state exemp

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Chapter 7 Bankruptcy question - Which exemptions do I use, Federal or State?

  • 1. Chapter 7 Bankruptcy question - Which exemptions do I use, Federal or St ? I live in Florida now, but I have lived here only for about 1.5 years. So, I kno ow I can't file as a Florida resident (730 day rule). Prior to Florida, I lived in Indiana for 30 years, so as I understand it by the 180 rule, Indiana is the s tate I would have to use. Indiana requires you to use their states's exemptions and NOT the federal exemptions, but it DOES NOT allow you to use the state exemp