What is a Motor Vehicle Exemption in North Carolina?





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Published on Jul 5, 2012

The motor vehicle exemption in North Carolina is an exemption used in bankruptcy to protected equity in a vehicle. At the time of this video, the motor vehicle exemption is $3,500 per person filing. This means that a person may use their motor vehicle exemption once and only on one vehicle for bankruptcy purposes. It is very important you contact an experienced bankruptcy lawyer in your area to help protect your property and know your rights.

Duncan Law, PLLC
4801 E. Independence Blvd.
Suite 1100
Charlotte, NC 28212
(704) 563-1224

This video is meant for informational purposes only. Laws vary by jurisdiction so if you have a specific legal question be sure to contact an attorney in your area. This information does not create an attorney-client privilege and, although we don't view it as an advertisement, it may be considered an advertisement for legal services. Use common sense, if you have a legal issue contact an attorney who can help you with your specific situation.

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