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Author Topic: In MA, if you declare bankruptcy you have the right to keep: [Locked]
ACX  1 star
Posts: 248
Registered: 2001-10-25 12:53:52
Massachusetts Homestead Exemption

Automatic homestead $125,000; Declared homestead $500,000 (good deal!) for property you occupy or intend to occupy (including mobile home); (co-owners may not double) (special rules if over 62 or disabled, may double to 1,000,00).
Wages

85% of gross wages OR 50 times minimum wage per week
Automobiles

$7,500; $15,000 if used by elderly or disabled debtor
Other Property

Beds & bedding; heating unit; clothing
Bibles & books to $200 total; sewing machine to $200
Cash for fuel, heat, water, or light to $75 per month
Cash to $200/month for rent, in lieu of homestead
2 cows, 12 sheep, 2 swine, 4 tons of hay
Food or cash for food to $300
Furniture to $3,000;
Trust company, bank, or credit union deposits to $500
Jezza_Belle  4 stars
Title: =^.^=
Posts: 2,771
Registered: 2001-2-24 02:29:30
ACX posted:

Massachusetts Homestead Exemption

Automatic homestead $125,000; Declared homestead $500,000 (good deal!) for property you occupy or intend to occupy (including mobile home); (co-owners may not double) (special rules if over 62 or disabled, may double to 1,000,00).
Wages

85% of gross wages OR 50 times minimum wage per week
Automobiles

$7,500; $15,000 if used by elderly or disabled debtor
Other Property

Beds & bedding; heating unit; clothing
Bibles & books to $200 total; sewing machine to $200
Cash for fuel, heat, water, or light to $75 per month
Cash to $200/month for rent, in lieu of homestead
2 cows, 12 sheep, 2 swine, 4 tons of hay
Food or cash for food to $300
Furniture to $3,000;
Trust company, bank, or credit union deposits to $500



a $200 sewing machine is a POS. Amateur machines can be thousands and thousands of dollars... more than I'd ever be able to justify spending, that's for sure... but point being, if you had to sell a sewing machine you had that was worth over $200, you'd pretty much be selling any machine you had that worked.

 

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TickyAtack  4 stars
Posts: 1,303
Registered: 2001-10-23 15:46:32
That is so much info about sewing machines. Jezza is one of those ww2 empowered women.

 

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Jezza_Belle  4 stars
Title: =^.^=
Posts: 2,771
Registered: 2001-2-24 02:29:30
TickyAtack posted:

That is so much info about sewing machines. Jezza is one of those ww2 empowered women.



modern machines are more computerized than your computer.

 

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TickyAtack  4 stars
Posts: 1,303
Registered: 2001-10-23 15:46:32
To sew

 

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Jezza_Belle  4 stars
Title: =^.^=
Posts: 2,771
Registered: 2001-2-24 02:29:30
TickyAtack posted:

To sew



you wear clothes, you seem to enjoy them.

 

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TickyAtack  4 stars
Posts: 1,303
Registered: 2001-10-23 15:46:32
Yup. I didn't sew them.

 

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Jezza_Belle  4 stars
Title: =^.^=
Posts: 2,771
Registered: 2001-2-24 02:29:30
TickyAtack posted:

Yup. I didn't sew them.



someone had to

 

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TheSixthSeal  1 star
Posts: 114
Registered: 2006-10-10 01:20:59
WTF is with the hate on sewing? Sewing is tight! I am making a hoodie for the springtime currently
Jezza_Belle  4 stars
Title: =^.^=
Posts: 2,771
Registered: 2001-2-24 02:29:30
TheSixthSeal posted:

WTF is with the hate on sewing? Sewing is tight! I am making a hoodie for the springtime currently



there has been an attack on homemaker type skills for many years. Many crafts have just started recovering from the abuse they suffered in the 70's and 80's.

 

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