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Under the Bankruptcy Act s exemption provisions: ?a . ?federal exemptions defeat state exemptions in case of a clash between them. ?b . ?the full
Under the Bankruptcy Act s exemption provisions:
?a ?federal exemptions defeat state exemptions in case of a clash between them.
?b ?the full value of one s motor vehicle is exempt.
?c ?state exemption laws that exceed the federal limits i e ?that are too generous ?are void.
?d ?the debtor must choose either the state or the federal exemption scheme.
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