By Dave Kelly, Minnesota Bankruptcy Lawyer<\/p>\n\n\n\n
If you have been watching the videos on my channel<\/a> or reading my blog posts, you may have come across the ones where I whine about how poor and porous the Minnesota state exemption statute<\/a> has been. Up until this year what we had in this state for an exemption statute was a bit of an embarrassment. The only electronics exempted were a phonograph, a radio and a TV. Computers were not exempt. Neither were cell phones, tablets or any other electronic devices. <\/p>\n\n\n\n There was no jewelry exemption except for wedding rings, and that was limited to rings actually exchanged at a wedding ceremony. Things we consider necessities in this climate, such as riding lawn mowers and snow blowers, were not exempt. Over the years there were several attempts to update the statute, which for the most part failed. Until now. <\/p>\n\n\n\n