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What are non-exempt assets? | Law Office of K. Hunter Goff, P.A. | Helping Central Florida get out of debt since 2002 Property that can't be exempted is called "non-exempt" property. Generally, a bankruptcy debtor can exempt a certain amount of their property If your Chapter 7 trustee sells your non-exempt property, the proceeds first pay secured creditors, then your exemption amount,
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property shall ask the debtor to designate the personal property to be levied on. TRANSFER OF NONEXEMPT PROPERTY. (a) If a person uses the property not exempt What Personal Property Can I Keep In Bankruptcy? How To Protect Your Assets With Exemptions in Bankruptcy
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