Under exemptions in the Bankruptcy Code,a debtor may keep both $23,675 in equity in a residence and up to $3,775 in equity in a motor vehicle.

Name: Under exemptions in the Bankruptcy Code,a debtor may keep both $23,675 in equity in a residence and up to $3,775 in equity in a motor vehicle.
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This is correct according to the exemptions outlined in the Bankruptcy Code under Section 522. The exact amounts may vary depending on the state in which the debtor resides.

Under Exemptions in the Bankruptcy Code,a Debtor May Keep Both