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Exemptions play an important role in both Chapter 7 and Chapter 13 bankruptcy. In Chapter 7 bankruptcy, exemptions determine, in large part, whether you get to keep certain property. In Chapter 13, exemptions help determine how much you'll have to pay to unsecured creditors through your Chapter 13 plan.
Below you'll find articles on how exemptions work, which exemptions you can use, federal bankruptcy and nonbankruptcy exemptions, as well as articles on specific types of exemptions, like the homestead and wildcard exemptions.