Gus:

This is the type of specific question best asked of your attorney.
Please note that any withdrawals may have to be accounted for as
well to the Trustee.

--
Brett

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* Personal Injury/Malpractice Bankruptcy *
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* BRETT WEISS, P.C. *
* Attorneys at Law *
* Maryland, D.C. and Federal Bars *
* lawyer@erols.com *
* http://www.erols.com/lawyer *
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* Small Business Estates & Estate Planning *
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The Small Print: This response is for discussion purposes only. It
isn't meant to be legal advice and you shouldn't treat it as such.
If you want legal advice, speak with a local lawyer familiar with
your state's laws who can review *all* of the facts and the law
applicable to your situation.
************************************************** ***************


"Gus" <gus_shult_2000@hotmail.com> wrote in message
news:9117a4e6.0306250651.a8407a5@posting.google.co m... Live in GA, married, joint filing considered. http://www.legis.state.ga.us/legis/2003_04/gacode/44-13-100.html How much cash can I have in the bank at the time of filing BK 7. Home exemption $3500, unused 16,500. Wildcard--- (6) The debtor´s aggregate interest, not to exceed $600.00 in
value plus any unused amount of the exemption, not to exceed
$5,000.00, provided under paragraph (1) of this subsection, in any
property; Can I realy have $5,600 cash in the bank (or is it $11,200
because married)?

I would say it depends on what your other assets are and what
other exemptions are available to you. There's no absolute answer.

--
Brett

************************************************** ***************
* Personal Injury/Malpractice Bankruptcy *
* *
* BRETT WEISS, P.C. *
* Attorneys at Law *
* Maryland, D.C. and Federal Bars *
* lawyer@erols.com *
* http://www.erols.com/lawyer *
* *
* Small Business Estates & Estate Planning *
************************************************** ***************

The Small Print: This response is for discussion purposes only. It
isn't meant to be legal advice and you shouldn't treat it as such.
If you want legal advice, speak with a local lawyer familiar with
your state's laws who can review *all* of the facts and the law
applicable to your situation.
************************************************** ***************


"Gus" <gus_shult_2000@hotmail.com> wrote in message
news:9117a4e6.0306250910.790e296c@posting.google.c om... Thanks Brett, How would you answer this if asked for a person in Maryland;
$3000? The following assets of a debtor are exempt from creditors in Maryland: $5,500 total in unrestricted exemptions but subject to certain
liens. (Md. Code Ann. [Cts. & Jud. Proc.] § 11-504 and 507) a) $500 in goods held for family or household use b) $3,000 in money or property of any kind. c) All health aids (Md. Code Ann. [Cts. & Jud. Proc.], § 11-504) $2,500 total for clothing, books, tools, instruments and
appliances necessary for any trade or profession (Md. Code Ann. [Cts. &
Jud. Proc.], § 11-504(b)(11)) Most pensions and retirement benefits including the Individual Retirement Accounts (Md. Code Ann. [Cts. & Jud. Proc.], §
11-504(h)) Life Insurance proceeds and annuity contracts unless dividends received in cash. (Md. Code Ann. [Ins.] § 16-111) Unemployment Compensation Worker's Compensation Public Assistance Money payable for sickness, accident, injury, or death of any
person (Md. Code Ann. [Cts. & Jud. Proc.], § 11-504(b)(2)) A partner's interest in partnership property per the Uniform Partnership Act Md. Code Ann. [Corp. & ***'ns.], § 9-502) Tenancy by the Entirety Property unless both tenants are liable
on debt. Sumy v. Schlossberg, 777 F.2d 921 (4th Cir. 1985)