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There is no such thing as unexempt assets. They are called non-exempt assets, and they are assets that must be given up.

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11y ago

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Related Questions

How long can a trustee keep a BANKRUPTCY chapter 7 open?

They have wide discretion to leave a case open as long as they feel necessary to determine whether fraud is being perpetrated or whether unexempt assets can be obtained.


What is the difference between current assets vs total assets?

Current assets are those assets which is usable in current fiscal year while total assets includes assets other then current assets like long term assets as formula showTotal assets = current assets + fixed assets


What is difference between personal assets and company assets?

Personal assets is assets that are owned by a person. Company assets are assets that are own by the company.


Are intangible assets included in current assets?

Intangible Assets are not included in current assets. They are usually listed under Other Assets.


What is the difference between tangible assets and intangible assets?

We can feel tangible asset,where as we cannot feel intangible asset


How do you find the percentage of current assets to total assets?

percentage of current assets to total assets


Are intangible assets included in liabilities?

Intangible assets are assets like other assets just they cannot be seen by eye or feel by hand but as they are assets they are included in assets and part of liability.


Types of assets that are amortized?

Intangible assets are those assets which are amortized as compared to tangible assets which are depreciated.


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1. 1 - Current Assets 2 - Fixed Assets 3 - Ficticious Assets


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