Non-Exempt Property

Keeping The Non-Exempt Property In Bankruptcy

Call: 888-297-6203 Most of the people are concerned about the effects of bankruptcy on the property they owe. If you have been a resident of Florida for some time now, you will be allowed to keep the exempted property under Florida Law. A general view of the exemptions is as follows: You might keep - Personal property worth $1000. Vehicle equity worth $1000. Either equity in homestead property or an additional property worth $4000. Any other property, which does not come under exemptions, is solely left at the whim of the court-appointed trustee. The trustee takes the non-exempt [...]