Bankruptcy Law Quiz

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BelovedMagic
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4 Questions

What is the maximum value a debtor can exempt in his homestead acquired within 1215 days before filing for bankruptcy?

Under what condition can a person claim more than the $155,675 homestead exemption?

What is the cap placed on IRA's according to 522 (n)?

How does a fraudulent conveyance in the last 10 years affect the homestead exemption?

Description

Test your knowledge of bankruptcy law with this quiz on the limits of exceptions for debtors. Explore the "Debtor Abuse Protections" and understand the provisions of 522 (p)(n)(o) and 522 (p) related to homestead exemptions.

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