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Relief from stay & abandon personal property

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  • Started 3 years ago by rammbh

  1. rammbh
    Inactive

    I filed for chapter 7 pro se in May 2003.  Went to creditor meeting in June.  One creditor was there and when the judge asked if any were there he stood up and asked me if I was going to reaffirm the loan and I said no, that the property securing the loan was exempt.  He said okay and sat down and the judge said I could go.  My 60 days will be up tomorrow and today I got a letter from the bankruptcy court saying that the finance company filed for relief from automatic stay and to abandon the personal property.  This was a nonpossessory nonpurchase money security loan and I put up 3 tv's and 2 computers.  Since the tv's are over 5 years old and the computers are over 4 years old, I exempted them.  I live in Mississippi and it says that any tangible item worth less than $200.00 can be exempt.  Now I have to go to a hearing on the 28th of August.  Does anyone have any suggestions as to what to say when I file my response.  I have until the 25th to file a response.  I have read that the lein on these items impairs exemptions to which I am entitled to under 11 U.S.C. Section 522(b).  I really need help with this as I did file pro se and I don't have the money for a lawyer at this point.   HELP  HELP  HELP ???
    Posted 3 years ago #

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