Look on the web for your state's rules on exempt property. Compared with other states and the
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Look on the web for your state's rules on exempt property. Compared with other states and the federal government, is your state generous or stingy with exemptions? In considering a new bankruptcy statute, Congress struggled mightily over whether or not to permit state exemptions at all. Is it fair for exemptions to vary by state? Why should someone in one state fare better than his her neighbor across the state line?
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The code permits individual debtors to keep some property for themselves as t...View the full answer
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