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• Money or property that is not liquidated as part of the bankruptcy estate.

  U.S. Courts - Cite This Source - This Definition
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  Cite Definition for Exemption

  American Psychological Association (APA)

  Exemption. (n.d.). US Bankruptcy Court Southern District of Iowa. Retrieved May 29, 2023, from website: http://www.expertglossary.com/definition/exemption.

  Chicago Manual of Style (CMS)

  Exemption. www.iasb.uscourts.gov. US Bankruptcy Court Southern District of Iowa. U.S. Courts. http://www.expertglossary.com/definition/exemption (accessed: May 29, 2023).

  Modern Language Association (MLA)

  "Exemption." US Bankruptcy Court Southern District of Iowa. U.S. Courts. 29 May. 2023 http://www.expertglossary.com/definition/exemption.

• Browse Related Terms: abandonment, abandonment of property, bankruptcy estate, core proceedings, Distribution, Exemption, exemptions, exempt property, liquidation, objection to exemptions, prebankruptcy planning, Trustee

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