Multiple Choice
Wedding rings are exempt in Chapter 7 cases.
A) Depends on the value of the wedding rings.
B) Depends on whether the wedding rings are family heirlooms.
C) All jewelry of a highly personal nature is exempt.
D) The wedding ring is exempt, if it's a joint filing. If a single filing or the debtor is divorced and/or separated, then the wedding ring is not exempt.
Correct Answer:
Verified
Correct Answer:
Verified
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