Description
First of its kind reference for both federal bankruptcy and nonbankruptcy exemptions, as well as the exemptions provided by each state. Explains the history of exemption law, discusses substantive and procedural issues with respect to exemption claims and possible abuses, and explores the debtor's power to avoid judicial liens on exempt property. Discusses in detail each exemption provided by the Bankruptcy Code and other federal statutes. An extensive appendix charts the exemptions provided by each of the 50 states plus Guam, Puerto Rico, and the Virgin Islands.
Features
- Contains forms for use in claiming and objecting to exemptions
- Provides chart comparing state exemptions