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Exemptions

U.S. Bankruptcy Court for the Middle District of Georgia

Rule Set: Local Bankruptcy Rules of the U.S. Bankruptcy Court for the Middle District of Georgia

Rule: 4003-1

Jurisdiction: MDGAB

Bluebook Citation: Bankr. M.D. Ga. R. 4003-1

All Rules: Bankr. M.D. Ga. Local Bankruptcy Rules, complete index

Text

(a) Schedule C. Schedule C shall contain the following: (1) A detailed list of all property or assets claimed as exempt by the debtor. (2) Each asset's value shall be stated in dollar amounts. If the value of any asset claimed to be exempt is not known, the debtor shall state the exemptible sum in dollars. (3) Exemptions shall be limited to the dollar amount claimed as exempt even if the asset exempted is later discovered to have had a greater value than the amount listed in the schedules.

(4) If exempting future proceeds of an unliquidated claim or of a cause of action, the debtor shall fully describe any such claim or cause of action. 24 Back to TOC (b) Notice of Amendment of Schedule C Exemptions. If Schedule C is amended, notice to all parties in interest in the case shall be sent by the debtor.

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