Quick Page Index
- 1 EXEMPT PROPERTY
- 1.1 WHAT ARE EXEMPTIONS OR EXEMPT PROPERTY?
- 1.2 A debtor’s exemption rights are fixed as of the petition date.
- 1.2.1 The filing date of a bankruptcy petition determines the law governing exemptions and freezes the value of the exemptions that the debtor may claim
- 1.2.2 Homestead Post-Petition Sale Proceeds Retain Exempt Status in Chapter 7
- 1.2.3 The Snapshot Rule Prevails: Date of Filing Petition Fixes Exemptions
- 1.2.4 When is the funds still property of the debtor when the check is written or when the check is honored?
- 1.2.5 Social Security benefits commingled in an account with nonexempt funds retain their exempt status
- 1.2.6 Arizona insurance proceeds for exempt property:
- 1.2.7 Debtor reopens chapter 7 19 years after discharge to claim homestead exemption.