|
Home > For Everyone > Debt and Bankruptcy > Exemptions from Creditors |
| |
|
|
Exemptions from Creditors
|
|
|
Last Updated April 14, 2009 |
|
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. |
|
Read more...
|
|
Questions & Answers: Exemptions from Creditors |
|
|
|
|
|
|
|
David M. McCormick |
|
Newport News Family Law and Bankruptcy Attorney |
One Oyster Point 827 Diligence Drive, Suite 200
Newport News, Virginia 23606 |
|
Practice Areas: Family Law, Debt and Bankruptcy, Divorce, Adoption, Traffic Law Violations
|
|
www.dmmlegal.com/
|
|
Law Offices of Tom C. Smith |
|
Virgina Beach, VA Bankruptcy and Divorce Law |
1600 Virginia Beach Blvd
Virginia Beach, Virginia 23454 |
|
Practice Areas: Debt and Bankruptcy, Divorce
|
|
www.tomcsmith.com/
|
|
|
|
