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Research the state of Michigan property exemptions for debtors. Compare and briefly discuss the Michigan exemptions available to the Smiths with the federal exemptions contained
Research the state of Michigan property exemptions for debtors. Compare and briefly discuss the Michigan exemptions available to the Smiths with the federal exemptions contained in the Bankruptcy Code. Is there a choice in Michigan for a debtor to use either the federal or Michigan exemptions, or a mix from each? What would be best for the Smiths? Fully explain with at least 2 sources and must have minimum of 300 words.
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