Search results
Results from the WOW.Com Content Network
Chapter 7 bankruptcy may allow you to exempt your vehicle if its value is under the exemption limit. The federal bankruptcy exemption limit is $4,450 until 2025, but it can vary by state.
[1] [2] The Bankruptcy Act 1883 and the Bankruptcy Act 1890 contained the same exception. [3] The Bankruptcy Act 1914 contained an exception. [ 4 ] The Insolvency Act 1986 that is nowadays applicable states "such tools, books, vehicles and other items of equipment as are necessary to the bankrupt for use personally by him in his employment ...
Under the new law, the homestead exemption, which allows bankruptcy filers in some states to exempt the value of their homes from creditors, is limited in various ways. If a filer acquired their home less than 1,215 days (40 months) before filing, or if they have been convicted of security law violations or been found guilty of certain crimes ...
The rules for filing personal bankruptcy in each province and territory differ slightly. In some areas of Canada individuals may be permitted to keep (exempt) certain property. Common items for exemption include clothing, furniture, appliances, motor vehicles, medical and dental aids, a home, family heirlooms, and some insurance. In basic terms ...
On the morning of June 1, 2009, Chevrolet-Saturn of Harlem, a dealership in Manhattan that was owned by GM itself, filed for bankruptcy protection there, followed in the same court by General Motors Corporation (the main GM in Detroit), GM's subsidiary Saturn LLC, and Saturn LLC's subsidiary Saturn Distribution Corporation. [3]
Some of the nation's largest truck makers on Thursday pledged to stop selling new gas-powered vehicles in California by the middle of the next decade, part of an agreement with state regulators ...
The California Vehicle Code, informally referred to as the Veh. Code or the CVC , is a legal code which contains almost all statutes relating to the operation, ownership and registration of vehicles (including bicycles [ 1 ] and even animals when riding on a public roadway [ 2 ] ) in the state of California in the United States .
For premium support please call: 800-290-4726 more ways to reach us