| 词汇 | exempt property |
| 释义 | `1`exempt property `2` "Nolo Everybody's Legal Dictionary": The items of property you are allowed to keep if a creditor wins a lawsuit against you or if you file for Chapter 7 bankruptcy. Most states let you keep clothing, household furnishings, an inexpensive car (or an expensive car on which you still owe a bundle), Social Security payments you haven't spent and other basic items. A few states let you keep your house. Following are brief descriptions of specific types of exempt property:animal exemption,appliance exemption,arms & accouterments exemption,building materials exemption,burial exemption,crops exemption,farm tools exemption,furnishings exemption,health aids exemption,heirloom exemption,homestead exemption,household goods exemption,implement exemption,in lieu of homestead (or burial) exemption,jewelry exemption,motor vehicle exemption,musical instrument exemption,property of business partnership exemption,tools of the trade exemption,wild card exemption See Topic: Debt & Bankruptcy |
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