It is quite odd that in bankruptcy, there is no specific exemption to protect guns. Now this is a bit odd considering that there is a Second Amendment right to bear arms. However, just because something is a constitutional right does not necessarily mean it is exempt in bankruptcy and protected from your creditors. I am not telling you this is right, I am just telling you this is the reality of the Federal and Minnesota exemption schemes as it is right now
But instead of protecting or naming guns, the exemption should be in the form of a wild card for a couple of thousand dollars so one could protect a sling shot, bow and arrow, a gun, or any other weapon of choice.
Senator Mathews lives and represents a district in Minnesota whose constituents are hunters and gun owners. His silence about protecting his constituent’s right to bear arms and own arms in bankruptcy is puzzling. While it is true you can protect some guns if you are able to use the federal bankruptcy exemptions, not a single gun is currently protected using the Minnesota exemptions.
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When the time is right or when you are ready, reach out to a bankruptcy law firm that supports exemptions for guns in Minnesota by going now to www.lifebacklaw.com. You will be glad you did.
