Carly defaults on a debt to Debit Loans. As a creditor, Debit can satisfy a judgment debt on the default from all of Carly's property except

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Exempt property is protected by law from being used to satisfy most types of debts and judgments. This means that certain assets of the debtor, defined by state or federal law, cannot be taken by creditors even if a court judgment has been made against the debtor. Examples of exempt property might include a portion of the debtor's wages, personal residence, retirement accounts, and personal belongings up to a certain value.

Carly Defaults on a Debt to Debit Loans