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When we think of “tools of the trade” we think of actual tools, such as hammers, nails, saws, etc. Under Maryland law a person is entitled to exempt from execution upon a judgment: “Wearing apparel, books, tools, instruments, or appliances, in an amount not to exceed...
For rock guitar players, there is nothing more in demand than a Dumble amplifier, known for its amazing tone. Fewer than 300 of the amplifiers exist, and the waiting list for a new one is at least a decade. Rock musician John Mayer placed his Dumble amplifier, which...
As a general rule, if a tax return was due to be filed more than three years from the date it was due, and the debtor filed the return more than two years ago, and the amount due was assessed more than 240 days before the bankruptcy case is filed, the tax debt will be...
In an unusual case in Illinois, Robinson v. Hagan (Case No. 13-cv-1239-SMY, S.D. Ill. 2014), a Chapter 7 debtor was permitted to keep a rare, first edition copy of The Book of Mormon from 1830, which was potentially worth tens of thousands of dollars. Normally, in a...