Phrases with «federal exemption»

A federal exemption refers to a legal provision that allows certain individuals or entities to be exempt or excluded from certain federal laws or regulations. In simpler terms, it is a special permission or exception granted by the government that exempts specific people or organizations from following certain federal rules. Full definition

Related phrases

Sentences with «federal exemption»

  • If you fall into this category, you must use federal exemptions. (totalbankruptcy.com)
  • State and / or federal exemption laws come into play in determining which property is protected from liquidation. (betterbankruptcy.com)
  • When filing a Chapter 7, state and federal exemptions on assets determine whether or not you end up filing an asset or a non asset case. (betterbankruptcy.com)
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