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Từ vựng:

non-exempt property

Giải nghĩa:

/ˈnɑn ɪɡˈzɛmpt ˈprɑpərti/ – Phrase


Definition: Tài sản không miễn trừ.

A more thorough explanation: a debtor’s property that can be liquidated to pay off creditors

Example: In a Chapter 7 case, there is often little or no non-exempt property available to pay back creditors.

 

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