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What is chapter 13 surplus property?
Chapter 13 surplus property refers to any assets or property that exceed the allowable exemptions in a Chapter 13 bankruptcy case.
Who is required to file chapter 13 surplus property?
Debtors in a Chapter 13 bankruptcy case are required to file surplus property if their assets exceed the allowed exemptions.
How to fill out chapter 13 surplus property?
Chapter 13 surplus property must be filled out accurately on the bankruptcy forms provided by the court, detailing all assets and their values.
What is the purpose of chapter 13 surplus property?
The purpose of chapter 13 surplus property is to determine if the debtor has assets that can be used to pay off creditors as part of the bankruptcy reorganization plan.
What information must be reported on chapter 13 surplus property?
All assets, their values, and any applicable exemptions must be reported on chapter 13 surplus property forms.
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