A debtor who files for bankruptcy can keep up to $1,550 in jewelry and all social security, veteran's, and disability
benefits under the exemptions found in the Bankruptcy Code.

Question

Quizplus · Accepted Answer

The Bankruptcy Code allows debtors to exempt certain assets, including up to $1,550 in jewelry and all social security, veteran's, and disability benefits, to protect them from creditors during bankruptcy.

A Debtor Who Files for Bankruptcy Can Keep Up to $1,550