释义 |
`1`nonexempt property `2` "Nolo Everybody's Legal Dictionary":
The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.
See Topic: Debt & Bankruptcy |