What Happens If an Exemption Filed in Court by a Debtor

Multiple Choice

What happens if an exemption filed in court by a debtor is limited to a certain amount of money?

A) The value of the exempt property is determined based on the original purchase price.
B) The debtor will lose his entire exemption if the property is valued over the designated amount.
C) An appraiser assesses the value of the property claimed by the debtor as an exemption.
D) The creditor has the burden of proving the value of the exempt property.
E) The debtor has the burden of proving the value of the exempt property.