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Exempt Property
Assets that are protected by law from being taken by creditors to satisfy debts.
Debtor's Home
The primary residence of an individual who owes money to creditors; it can be protected under certain bankruptcy laws.
Exempt Property
Property that a debtor is allowed to keep from creditors' claims in a bankruptcy proceeding, as defined by law, to ensure basic living standards.
Judgment Creditors
Individuals or entities entitled to collect a financial judgment from a debtor following a court ruling.
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