How does non-exempt property figure into the process of Chapter 7?

timer Asked: Jun 13th, 2015

Question Description

 A.A court gives a debtor's non-exempt property to the creditors.
B.A court sells the debtor's non-exempt property and gives the earnings to creditors.
C.A creditor holds the non-exempt property until the debtor pays the debt in cash.
D.A debtor may keep non-exempt property even if the value is more than the debt.

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