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Home > For Everyone > Debt and Bankruptcy > Exemptions from Creditors |
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Exemptions from Creditors
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Last Updated April 14, 2009 |
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Under state and federal law, not all property can be taken to satisfy a creditor judgment. This property is known as exempt property. Certain property remains the property of a debtor so individuals can be productive members of society. Additionally, some goods such as used household goods have little value other than to the debtor. |
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Questions & Answers: Exemptions from Creditors |
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David M. McCormick |
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Newport News Family Law and Bankruptcy Attorney |
One Oyster Point 827 Diligence Drive, Suite 200
Newport News, Virginia 23606 |
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Practice Areas: Family Law, Debt and Bankruptcy, Divorce, Adoption, Traffic Law Violations
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www.dmmlegal.com/
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Law Offices of Tom C. Smith |
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Virgina Beach, VA Bankruptcy and Divorce Law |
1600 Virginia Beach Blvd
Virginia Beach, Virginia 23454 |
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Practice Areas: Debt and Bankruptcy, Divorce
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www.tomcsmith.com/
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