{"id":5226,"date":"2012-03-15T09:00:07","date_gmt":"2012-03-15T09:00:07","guid":{"rendered":"http:\/\/www.duncanlawonline.com\/?p=5226"},"modified":"2015-05-01T00:59:04","modified_gmt":"2015-05-01T00:59:04","slug":"notice-of-rights-to-have-exemptions-designated","status":"publish","type":"post","link":"https:\/\/www.duncanlawonline.com\/staging\/8350\/notice-of-rights-to-have-exemptions-designated\/","title":{"rendered":"What is a Notice of Rights to Have Exemptions Designated?"},"content":{"rendered":"<p>[av_section min_height=&#8221; min_height_px=&#8217;500px&#8217; padding=&#8217;default&#8217; shadow=&#8217;no-shadow&#8217; bottom_border=&#8217;no-border-styling&#8217; id=&#8221; color=&#8217;main_color&#8217; custom_bg=&#8217;#d7d8ca&#8217; src=&#8221; attachment=&#8221; attachment_size=&#8221; attach=&#8217;scroll&#8217; position=&#8217;top left&#8217; repeat=&#8217;no-repeat&#8217; video=&#8221; video_ratio=&#8217;16:9&#8242; overlay_opacity=&#8217;0.5&#8242; overlay_color=&#8221; overlay_pattern=&#8221; overlay_custom_pattern=&#8221;]<br \/>\n[av_heading heading=&#8217;What is a Notice of Rights to Have Exemptions Designated?&#8217; tag=&#8217;h1&#8242; style=&#8221; size=&#8221; subheading_active=&#8221; subheading_size=&#8217;15&#8217; padding=&#8217;10&#8217; color=&#8221; custom_font=&#8221;][\/av_heading]<br \/>\n[\/av_section]<\/p>\n<p>[av_video src=&#8217;https:\/\/www.youtube.com\/watch?v=rk9yTAyHlVE&#8217; format=&#8217;16-9&#8242; width=&#8217;16&#8217; height=&#8217;9&#8242;]<\/p>\n<p>[av_textblock size=&#8221; font_color=&#8221; color=&#8221;]<br \/>\nA <strong>Notice of Rights to Have Exemptions Designated<\/strong> is a fancy way of the creditor letting you know that your property is going to be taken from you.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignleft wp-image-5227 size-medium\" style=\"margin-top: 5px; margin-bottom: 5px; margin-right: 5px;\" title=\"Young Family Riding Bicycles Together\" src=\"https:\/\/www.duncanlawonline.com\/wp-content\/uploads\/2012\/03\/Family-Riding-Bicycles-200x300.jpg\" alt=\"Young Family Riding Bicycles Together\" width=\"200\" height=\"300\" \/>As mentioned in <a title=\"What if I Have a Lawsuit or Judgment Against Me, Can Bankruptcy Help?\" href=\"https:\/\/www.duncanlawonline.com\/what-if-i-have-a-lawsuit-or-judgment-against-me-can-bankruptcy-help\/\" target=\"_blank\">another blog post<\/a>, after the creditor serves you with a lawsuit you have 30 days to provide a written response, also called an answer, which basically extends the amount of time you have until the creditor takes further action.<\/p>\n<p>If you don\u2019t respond to the lawsuit you will be served with a Default Judgment, which simply states that you owe money to a creditor.\u00a0 Even if you do respond to the <a title=\"What is a Complaint?\" href=\"https:\/\/www.duncanlawonline.com\/what-is-a-complaint\/\" target=\"_blank\">complaint<\/a> by filing an answer the creditor will usually be successful on a summary judgment motion. This means the judge will decide that you don\u2019t have a defense to owing the debt and they will find in the creditor\u2019s favor.<\/p>\n<p>After a creditor obtains a judgment against you, their next move in the collection process will be to serve you with a Notice of Rights to Have Exemptions Designated. You will most likely receive this paperwork similar to how you received the lawsuit and judgment, by the local Sheriff\u2019s office or certified mail.\u00a0 When you are served with the initial lawsuit, it is in your best interest to go ahead and contact a bankruptcy attorney before a judgment is issued against you.\u00a0 However, this doesn\u2019t mean if you have been served with a judgment and Notice of Rights to Have Exemptions Designated that <a title=\"Filing for Bankruptcy\" href=\"https:\/\/www.duncanlawonline.com\/bankruptcy\/\" target=\"_blank\">filing for bankruptcy<\/a> is not an option.\u00a0 It is absolutely still an option; you just want to take action sooner rather than later so you do not risk losing your property.<\/p>\n<p>When you are served with the Notice of Rights to Have Exemptions Designated you will have a chance to list out all of your property and utilize specific exemptions in regards to what you can and cannot protect.\u00a0 However, the problem with doing so is that if you fail to list something or list it incorrectly protected, you run the risk of your property being taken from you.\u00a0 You also have a timeframe to complete the right to have exemptions designated document and get it filed with the court, which is 20 days.<\/p>\n<p>Far too often, clients tell us \u201cI have nothing for them to take,\u201d but this is usually not the case.\u00a0 Many items are often subject to being seized such as land, house(s), car(s), bank accounts, etc.\u00a0 A creditor will take whatever they can get and are doing so to try an repay the amount you owe them.\u00a0 From our experience, many creditors feel by taking whatever they can from you, it not only gets your attention but will push the Debtor into wanting to make payments.\u00a0 What they are not considering is the emotional impact it can have on you and your family.\u00a0 If you are served with a Notice of Rights to Have Exemptions Designated and want to find out your options for protecting your property, you should contact a bankruptcy attorney immediately.\u00a0 This is because after the Notice of Rights to Have Exemptions Designated has been served and you\u2019ve been given the 20 days to file a response, a <a title=\"What is a Writ of Execution?\" href=\"https:\/\/www.duncanlawonline.com\/what-is-a-writ-of-execution\/\" target=\"_blank\">Writ of Execution<\/a> will be placed against you.\u00a0 This basically means that the Sheriff will come pick up, on behalf of the creditor, any goods that were not listed or protected.\u00a0 This is where the exemption documentation that you completed by listing out your property is so important.\u00a0 If the property is not listed correctly or not listed at all, you stand the high risk of the property being taken from you right then and there.<\/p>\n<p>By filing bankruptcy an automatic stay goes into place, which stops the creditor (or Sheriff) from coming to seize any of your property.<br \/>\n[\/av_textblock]<\/p>\n<p>[av_hr class=&#8217;default&#8217; height=&#8217;50&#8217; shadow=&#8217;no-shadow&#8217; position=&#8217;center&#8217; custom_border=&#8217;av-border-thin&#8217; custom_width=&#8217;50px&#8217; custom_border_color=&#8221; custom_margin_top=&#8217;30px&#8217; custom_margin_bottom=&#8217;30px&#8217; icon_select=&#8217;yes&#8217; custom_icon_color=&#8221; icon=&#8217;ue808&#8242;]<\/p>\n<p>[av_social_share title=&#8217;Share this entry&#8217; style=&#8221; buttons=&#8221; share_facebook=&#8221; share_twitter=&#8221; share_pinterest=&#8221; share_gplus=&#8221; share_reddit=&#8221; share_linkedin=&#8221; share_tumblr=&#8221; share_vk=&#8221; share_mail=&#8221;][\/av_social_share]<\/p>\n<p>[av_comments_list]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[av_section min_height=&#8221; min_height_px=&#8217;500px&#8217; padding=&#8217;default&#8217; shadow=&#8217;no-shadow&#8217; bottom_border=&#8217;no-border-styling&#8217; id=&#8221; color=&#8217;main_color&#8217; custom_bg=&#8217;#d7d8ca&#8217; src=&#8221; attachment=&#8221; attachment_size=&#8221; attach=&#8217;scroll&#8217; position=&#8217;top left&#8217; repeat=&#8217;no-repeat&#8217; video=&#8221; video_ratio=&#8217;16:9&#8242; overlay_opacity=&#8217;0.5&#8242; overlay_color=&#8221; overlay_pattern=&#8221; overlay_custom_pattern=&#8221;] [av_heading heading=&#8217;What is a Notice of Rights to Have Exemptions Designated?&#8217; tag=&#8217;h1&#8242; style=&#8221; size=&#8221; subheading_active=&#8221; subheading_size=&#8217;15&#8217; padding=&#8217;10&#8217; color=&#8221; custom_font=&#8221;][\/av_heading] [\/av_section] [av_video src=&#8217;https:\/\/www.youtube.com\/watch?v=rk9yTAyHlVE&#8217; format=&#8217;16-9&#8242; width=&#8217;16&#8217; height=&#8217;9&#8242;] [av_textblock size=&#8221; font_color=&#8221; color=&#8221;] A Notice of Rights &#8230; <a title=\"What is a Notice of Rights to Have Exemptions Designated?\" class=\"read-more\" href=\"https:\/\/www.duncanlawonline.com\/staging\/8350\/notice-of-rights-to-have-exemptions-designated\/\" aria-label=\"Read more about What is a Notice of Rights to Have Exemptions Designated?\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,28,7,8,16,10,42,54,30],"tags":[],"class_list":["post-5226","post","type-post","status-publish","format-video","hentry","category-bankruptcy","category-bankruptcy-video","category-chapter-13","category-chapter-7-2","category-creditors","category-duncan-law-blog","category-exemptions","category-repossession","category-video","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What is a Notice of Rights to Have Exemptions Designated?<\/title>\n<meta name=\"description\" content=\"A notice of rights to have exemptions designated is a document that you fill out to protect assets. It typically means your assets are in jeopardy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.duncanlawonline.com\/staging\/8350\/notice-of-rights-to-have-exemptions-designated\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is a Notice of Rights to Have Exemptions Designated?\" \/>\n<meta property=\"og:description\" content=\"A notice of rights to have exemptions designated is a document that you fill out to protect assets. 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