debtors exam

[kttrumbo]

What is the name of your state (only U.S. law)? Ohio What happens after a debtors exam if the courts see that you are deeply in debt and cannot pay the judgement,and only have assetts that have money owed on them?

 

[JETX]

What happens after a debtors exam if the courts see that you are deeply in debt and cannot pay the judgement

They will see whether you have any NON-exempt assets and, if so, order that you turn them over.

and only have assetts that have money owed on them?

Money owed on an asset has little or no impact on whether it is exempt or not.

 

[kttrumbo]

what are non exempt assets?

 

[frankrozanc]

Exempt assets

Non-emempt assets are those items of personal property not covered by the exemptions contained in ORC 2329.66.