Motion to Claim Exempt Property - Statutory Exemptions - Use if Judgment Filed After 1-1-06 - Draft: This is an official form from the North Carolina Administration of the Courts - AOC, which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by North Carolina statutes and law.
Charlotte North Carolina Motion to Claim Exempt Property — Statutory Exemption— - Use if Judgment Filed After 1-1-06 is a legal document that allows individuals to protect certain types of property from being seized by creditors. This motion is applicable if the judgment was filed after January 1, 2006. In Charlotte, North Carolina, there are different types of exemptions that individuals can claim to safeguard their property. These exemptions vary depending on the category of the property being protected. Some relevant keywords associated with this motion include: 1. Motion: A formal request made to the court, requesting a specific action or decision. 2. Claim: Asserting one's right or ownership over something. 3. Exempt Property: Assets or possessions that are protected from being seized by creditors or used to satisfy debts. 4. Statutory Exemptions: These are exemptions provided by law, which establish specific categories of property that cannot be taken by creditors. 5. Judgment: A court's final decision or ruling in a legal case. 6. Filed After 1-1-06: Refers to judgments that have been officially submitted to the court on or following January 1, 2006. The Charlotte North Carolina Motion to Claim Exempt Property — Statutory Exemption— - Use if Judgment Filed After 1-1-06 might have different subcategories or variations, depending on the specific types of property being protected. Some of these variations may include: 1. Homestead Exemption: This exemption protects an individual's primary residence or homestead from being seized by creditors. 2. Personal Property Exemptions: These exemptions safeguard personal possessions, such as furniture, clothes, appliances, and certain vehicles, up to a certain value. 3. Vehicle Exemptions: This type of exemption specifically addresses the protection of vehicles from being taken by creditors. 4. Retirement Account Exemptions: Certain retirement accounts, such as IRAs, 401(k)s, or pension plans, may be exempted from seizure. 5. Tools of the Trade Exemption: This exemption protects the tools and equipment necessary for an individual to perform their profession or trade. It is crucial to consult with a legal professional or an attorney who specializes in North Carolina law, specifically in the area of debt collection and exemptions, to determine the appropriate motion to file based on individual circumstances and the type of property one wishes to protect.Charlotte North Carolina Motion to Claim Exempt Property — Statutory Exemption— - Use if Judgment Filed After 1-1-06 is a legal document that allows individuals to protect certain types of property from being seized by creditors. This motion is applicable if the judgment was filed after January 1, 2006. In Charlotte, North Carolina, there are different types of exemptions that individuals can claim to safeguard their property. These exemptions vary depending on the category of the property being protected. Some relevant keywords associated with this motion include: 1. Motion: A formal request made to the court, requesting a specific action or decision. 2. Claim: Asserting one's right or ownership over something. 3. Exempt Property: Assets or possessions that are protected from being seized by creditors or used to satisfy debts. 4. Statutory Exemptions: These are exemptions provided by law, which establish specific categories of property that cannot be taken by creditors. 5. Judgment: A court's final decision or ruling in a legal case. 6. Filed After 1-1-06: Refers to judgments that have been officially submitted to the court on or following January 1, 2006. The Charlotte North Carolina Motion to Claim Exempt Property — Statutory Exemption— - Use if Judgment Filed After 1-1-06 might have different subcategories or variations, depending on the specific types of property being protected. Some of these variations may include: 1. Homestead Exemption: This exemption protects an individual's primary residence or homestead from being seized by creditors. 2. Personal Property Exemptions: These exemptions safeguard personal possessions, such as furniture, clothes, appliances, and certain vehicles, up to a certain value. 3. Vehicle Exemptions: This type of exemption specifically addresses the protection of vehicles from being taken by creditors. 4. Retirement Account Exemptions: Certain retirement accounts, such as IRAs, 401(k)s, or pension plans, may be exempted from seizure. 5. Tools of the Trade Exemption: This exemption protects the tools and equipment necessary for an individual to perform their profession or trade. It is crucial to consult with a legal professional or an attorney who specializes in North Carolina law, specifically in the area of debt collection and exemptions, to determine the appropriate motion to file based on individual circumstances and the type of property one wishes to protect.