| 词汇 | nonexempt property |
| 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 |
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