Remove Chapter 13 bankruptcy Remove Trade Remove Unsecured Creditor
article thumbnail

What Is Nonexempt Property In Bankruptcy, And Why Does It Matter?

Debt Free Colorado

up to a certain sum, tools are required for the debtor’s trade or occupation. Non-Exempt Assets and Chapter 13 Bankruptcy. The filer maintains all non-exempt property as long as unsecured creditors get the value of the non-exempt asset under the Chapter 13 repayment plan.