Legal Question in Credit and Debt Law in North Carolina

Motion to Claim Exempt Property

I have to fill out a motion to claim exempt property because of a judgment. When I claim personal property exemptions can I use general terms (like clothing, furniture, etc.)or must I list specific items and how do I determine the fair market value. I have nothing of any real value, everything is used, old, or cheap.


Asked on 12/18/07, 12:21 pm

1 Answer from Attorneys
Lynn Coleman Attorney-Mediator

Re: Motion to Claim Exempt Property

You can use general descriptions. Fair market value equals yard sale value. Be sure to get the motion filed by the 20th day and send a copy to the creditor or their lawyer.

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Answered on 12/20/07, 10:17 am


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