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Thread: Bankruptcy Laws

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  1. #1
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    Bankruptcy Laws

    There must be a couple legal eagles on this board....was wondering...pure speculation of course...

    Do the new bankruptcy laws let folks keep their clothes? Makes sense right? So if a person were to buy so many kilts and accessories they went into bankruptcy they'd still get to keep the kilts and accessories right...because they were clothing?

    Not in any danger of bankruptcy, far from it.

    Just, somehow - knowing that is true would be very reassuring....

    "Mine...they're ALL mine!"

    Ron
    Ol' Macdonald himself, a proud son of Skye and Cape Breton Island
    Lifetime Member STA. Two time winner of Utilikiltarian of the Month.
    "I'll have a kilt please, a nice hand sewn tartan, 16 ounce Strome. Oh, and a sporran on the side, with a strap please."

  2. #2
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    I don't know for certain, but it's probably got some specific notion about "reasonable" amounts, whatever that means. It would have to have something in order to keep people from buying up a bunch of fur coats to hide funds.
    We're fools whether we dance or not, so we might as well dance. - Japanese Proverb

  3. #3
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    When dealing with Federal bankruptcy laws you must do as the federal government does.....LIE!

    Chris.

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    This one should go in the "you might be an Xmarker" thread!

  5. #5
    Kilted KT is offline Membership Revoked for repeated rule violations.
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    Use the chewbacca defence....( copied from wikipiedia..here is the link: http://en.wikipedia.org/wiki/Chewbacca_Defense ) Insert your name when he mentions the record label, and you should be off scot free!!



    Why would a Wookiee, an eight-foot tall Wookiee, want to live on Endor, with a bunch of two-foot tall Ewoks? That does not make sense! But more important, you have to ask yourself: What does this have to do with this case? Nothing. Ladies and gentlemen, it has nothing to do with this case! It does not make sense! Look at me. I'm a lawyer defending a major record company, and I'm talkin' about Chewbacca! Does that make sense? Ladies and gentlemen, I am not making any sense! None of this makes sense! And so you have to remember, when you're in that jury room deliberatin' and conjugatin' the Emancipation Proclamation, [approaches and softens] does it make sense? No! Ladies and gentlemen of this supposed jury, it does not make sense! If Chewbacca lives on Endor, you must acquit! The defense rests.

  6. #6
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    The kilts jackets brogues would probably escape liquidation. Sporrans, pins flys etc now we are getting into the grey, Define clothing. It is always the reasonableness test. Look at the colleciton-- are 45 kits really reasonable? I think the answer is yes, and as the proud owner of 3 an two unfinished am very envious.

  7. #7
    NewKilt's Avatar
    NewKilt is offline Oops, it seems this member needs to update their email address
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    I would make sure that you had burned or given away all your pants. Then defend the number of kilts you have by stating that they are needed for different weather conditions including how strong the wind is blowing.

    Darrell

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