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Assets and income that are exempted from creditor lawsuit action is determined by the laws of the state of residency. The property that a debtor can protect from creditor execution is the same property that is noted in a bankruptcy filing. In most cases there are certain federal exemptions that can be used as well as state to stop creditor seizure of specfied property owned by the defendant debtor.

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โˆ™ 2005-09-14 16:25:59
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Q: Is is possible for a creditor to garnish an insurance settlement that you are scheduled to receive?
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