Nolo's Plain-English Law Dictionary

Legal Dictionary Home

Need Professional Help? Talk to a Lawyer

Enter Your Zip Code to Connect with a Lawyer Serving Your Area

searchbox small
Nonexempt Property
A debtor's property that can be taken by the trustee and sold for the benefit of the creditors in a Chapter 7 bankruptcy case, or can be seized by creditors if they win a judgment against the debtor. Compare: exempt property
LA-NOLO4:LEADS1.0.0.4.20150326.31341