Reply #2: In Florida not much.

[imdjh]

Your house is exempt up to something like a half million. Certain retirement accounts are exempt. Prepaid college program is exempt.

Your personal property is exempt up to something like $5000, a combined figure of the yardsale value of all your personal stuff and the equity you have in your car.

If you bought anything on a Sears charge plan, Sears wants it back, it's the only charge card which secures the debt against the merchandise. Sears has supposedly gone to people's houses and taken back appliances, carpet, and air conditioning systems. I think you can "reaffirm" your debt to Sears if you want to keep your stuff, and I guess it would follow that Sears items are not counted in your exempt property.

I had a friend do it last month and he said it was pretty painless.

Oh, most important part: you have to have $1400 in cash to pay the lawyer and the filing fee ($300).