Fairfax Virginia Certificate of Retention of Debtor in Possession — B 207 is a legal document that is part of bankruptcy proceedings in Fairfax, Virginia. It is filed by a debtor in possession who wishes to retain certain property despite the bankruptcy filing. This certificate allows the debtor to retain possession of specific assets or properties during the bankruptcy process. Keywords: Fairfax Virginia, Certificate of Retention, Debtor in Possession, B 207, bankruptcy proceedings, legal document, retain possession, assets, properties, bankruptcy process. There may be different types or variations of Fairfax Virginia Certificate of Retention of Debtor in Possession — B 207 based on the specific circumstances of the case. Here are a few potential variations: 1. Limited Asset Retention: This type of certificate allows the debtor to retain possession of specific assets, such as a primary residence, vehicle, or essential personal belongings, during the bankruptcy process. 2. Business Asset Retention: This variation enables a debtor to retain possession of certain assets related to their business operations, such as equipment, inventory, or trade secrets, to continue generating income during bankruptcy. 3. Exemption-Based Retention: This type of certificate is utilized when the debtor's assets are exempt from the bankruptcy estate. It allows the debtor to retain possession of these exempt assets without fear of them being liquidated or seized. 4. Time-Limited Retention: In some cases, the debtor is granted possession of certain assets for a specific period, enabling them to utilize or sell those assets to satisfy their debts within a given timeframe. Note that the specific variations of the Fairfax Virginia Certificate of Retention of Debtor in Possession — B 207 may depend on the policies and regulations of the bankruptcy court in Fairfax, Virginia, as well as the individual circumstances of each bankruptcy case. It is essential to consult with a legal professional or bankruptcy attorney for accurate and up-to-date information for your specific situation.