Exempt property questions
Date: Sat, 12/20/2008 - 09:15
I am in Massachusetts and have a question. It says that an automobile up to $700 is exempt. But it also says People have the right to use Federal Bankruptcy Exemptions which states Vehicles up to $2,575.
Does this only pertain to Bankruptcy or would this pertain to debt collectors trying to take a consumers vehicle upon getting a judgment?
I am not in this situation, just trying to better educate myself.
Does this only pertain to Bankruptcy or would this pertain to debt collectors trying to take a consumers vehicle upon getting a judgment?
I am not in this situation, just trying to better educate myself.