Uh...don't you mean under Federal Bankruptcy NOT Non-BK, whatever the heck that could be?
Exemptions under Federal law, which may change a little in State applications by the Federal BK Courtyou file in:
Personal and Real Property: (1) Household: Up to $425.00 per item not to exceed a total of $8,625.00 (includes animals, appliances, books, crops, furnishings, household goods, clothing, Musical Instruments) (2) Jewelry: Up to $1,075.00 (3) Vehicles: Up to $2,575.00 (4) Work tools (implements, books and tools of trade): Up to $1,625.00 (5) Health aides (wheelchair, etc.): Unlimited (6) Burial plot: Up to $16,500.00 (in lieu of real estate exemption) (7) Real estate (house, co-op or mobile home): Up to $16,150.00 (8) Any property: Up to $8,075.00 of unused portion of real estate exemption Wages, Pensions, Recoveries and Benefits: (1) Wages: None (2) Wrongful death funds: Amount needed for support (3) Personal injury funds: Up to $16,500.00 (excluding that for pain and suffering or pecuniary loss) (4) Lost earnings payments: Unlimited amount (5) Retirement benefits: Amount needed for support (6) Alimony / child support: Amount needed for support (7) Unemployment compensation: Unlimited amount (8) Veterans benefits: Unlimited amount (9) Social security benefits: Unlimited amount (10) Public assistance: Unlimited amount (11) Crime victims compensation: Unlimited amount Insurance: (1) Disability: Unlimited amount (2) Unemployment benefits: Unlimited amount (3) Unmatured life insurance: Unlimited amount (4) Life insurance policy loan value, dividends or interest: Up to $8,625 (5) Life insurance proceeds: Amount needed for support If you're doing a Chapter 7 bankruptcy, you can't discharge: * Taxes and tax liens * Student loans * Domestic support obligations (child support and alimony) * Luxury goods over $500 purchased within 90 days of filing * Fines or penalties of government agencies * Cash advances of more than $750 taken within 70 days of filing * Fraudulent debts * Willful or malicious injury to another * Death or personal injury from the operation of a motor vehicle, aircraft or vessel while intoxicated * Condominium or cooperative association fees * Debts not listed on your schedules Debts arising from fraud or maliciousness are not automatically excepted from discharge. The creditor must make a request to the court to except these types of obligations; otherwise they will be discharged.
Included under the definition of employees for futa purposes are
If you own your car then you'll be able to keep it if its value falls under your state's vehicle exemption amount. The state exemptions vary widely and some use the federal exemption. The federal bankruptcy exemptions allow you to exempt up to $3,675 of equity in your car.
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includes establishments of the federal government and federally sponsored credit agencies primarily engaged in guaranteeing, insuring, or making loans. Federally sponsored credit agencies are established under authority of federal legislation
An example of exemptions includes tax exemptions, where certain individuals or organizations, such as non-profits or religious institutions, are not required to pay specific taxes. Another example is exemptions in legal contexts, such as a witness being exempt from testifying if their testimony could incriminate them. These exemptions serve to protect certain rights or interests under specific circumstances.
Every person that files for bankruptcy or has a judgment awarded against them in a lawsuit is entitled to certain property exemptions. Exemptions are determined by the state law where the person resides. For homeowners the most important would be the homestead exemption which can be used to protect a home from a forced sale. Even if the home cannot be kept, the person can claim the maximum homestead amount allowable under state statutes.
Bankruptcy is ALWAYS a Federal Courts matter. All are covered under the same Federal Laws. There is a specific set of Federal bankruptcy Courts. The divisions are known by names of the areas they service like "Federal Bankruptcy Court of Western New York" or "FBC of Iowa". Like all District courts, their case history and certain holdings vary slightly, and some items (like real Vs personal property), generally are held to follow the definitions for the local area. There is much on this site about Federal bankruptcy laws. Iowa opted out of federal bankruptcy the state's BK exemption laws apply. Many bankruptcy laws vary from state to state and debtor to debtor. See link for a listing of BK exemptions for the state. See discussion page for some additional explanation. Elections avail to Iowa residents filing in that Federal circuit: Eighth Circuit Court of Appeals Iowa Northern District Court Iowa Southern District Court Exemptions: A debtor is generally permitted an exemption of certain personal or real property in the enforcement of a judgment against him or in a bankruptcy proceeding under state laws or federal laws. Under the laws of Iowa, the homestead of every person is generally exempt from judicial sale. (Iowa Code Section 561.16.) Other general exemptions may include wearing apparel of the debtor and his dependents, household furniture and furnishings, automobile, burying ground, cash value in life insurance polices, pension, and public benefits. Each of the prescribed exemptions may be limited to certain amount in value. (Iowa Code Sections 627.1 et seq.) In a bankruptcy proceeding, although the federal statute permits election of exemptions provided under state laws or federal laws, the State of Iowa specifically precludes such election. (Iowa Code Section 627.10.) This means that a resident of Iowa may only claim exemption of such property and to the extent as permitted under Sections 627.1 et seq. of the Iowa Code even if the exemption provided under the federal Bankruptcy Code may be more beneficial to the debtor.
Under the Articles of Confederation, land not included within the boundaries of the 13 original states would be governed by the federal government. The Articles of Confederation was ratified on March 1, 1781.
By no means are all your assets exempt. Some may be: These Virginia bankruptcy exemptions can be used to protect up to $5,000 in equity in your house plus $500 for each dependent. Additionally, rents and profits of exempt property are 100% exempt. Your U.S. federal bankruptcy attorney can use these Virginia bankruptcy exemptions to protect $2,000 in value of any one motor vehicle listed in your U.S. federal bankruptcy. Additionally, if you file U.S. federal bankruptcy with a spouse you can use both vehicle exemptions to protect up to $4,000 in vehicle equity as long as both you and your spouse are on the title to the car. These Virginia bankruptcy exemptions allows your U.S. federal bankruptcy attorney to protect $5,000 in equity in various personal items such as your clothing and personal heirlooms. Under these Virginia bankruptcy exemptions a U.S. federal bankruptcy attorney can protect a payment under a life insurance contract that insured the life of an individual of whom you were a dependent, to the extent reasonably necessary for your support or the support of your dependent(s). Your U.S. federal bankruptcy attorneys can prevent creditors from touching up to $17,500 of the proceeds of your hard-earned retirement plan. They can exempt anything from stock bonuses, pensions, profit sharing plans and annuities. These are useful Virginia bankruptcy exemptions that can be used to protect up to $10,000 of the tools you use in your profession. For example, shears, scissors and combs are the tools of a hairdresser, as are wrenches and hammers for a mechanic and carpenter. Your U.S. federal bankruptcy attorneys can protect all of your unemployment compensation from creditors' reach. However, past due child support may still be deducted from the income of people receiving public assistance. These Virginia bankruptcy exemptions can be used to protect 100% of compensation you receive under Virginia workers' compensation laws. Your U.S. federal bankruptcy attorneys can protect both 100% of your wages and 100% of the award you receive to compensate you for any permanent disability. In Virginia, workers' compensation cases are 100% exempt. If you are injured while working then that is money you deserve and creditors will be prevented from reaching those funds.
none of these powers were included under the constitution.
Training yes, a degree? No, it is a University award, Not needed for trucking