In Re Hively

OPINION

MARY P. GORMAN, Bankruptcy Judge.

The issue before the Court is whether a 2001 cargo trailer the Debtors use to haul food and cooking equipment for their catering business is an exempt “tool of the trade.”

The Debtors, Floyd and Carol Hively, filed a petition pursuant to Chapter 7 of the Bankruptcy Code on October 5, 2006. The Debtors operate a grill service which involves preparing food items to be served at social gatherings. The grill service generated income of $19,987 in 2005 and $12,212 in the first nine months of 2006.

In Schedule B — Personal Property, the Debtors listed a “2001…