Summary
In North Carolina, certain property may be exempt from debt collection. This includes Social Security benefits, life insurance proceeds (if the beneficiary is a dependent of the insured), and certain personal property. The user received a Notice of Right to Have Exemptions Designated due to a debt owed to Discover Bank. The user has 20 days from the date of receipt of the notice to claim their exempt property.Full Conversation
Notice of Ro
Could you please clarify what "Notice of Ro" refers to? Are you referring to a Restraining Order or something else?
Notice of Right to Have Exemptions Designated
What state are you in? The rules for exemptions can vary by location.
NC
What is the nature of the debt that led to the Notice of Right to Have Exemptions Designated?
In NC, certain property may be exempt from debt collection.
Discover Bank credit card
What is the total amount of debt you owe to Discover Bank?
In NC, you can claim exemptions on certain property under the NC Exemptions Act.
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What type of property are you hoping to claim as exempt? In NC, some common exemptions include homestead, personal property, and wages.
I get SSDI, I have a life insurance policy and just personal items
What is the value of your life insurance policy and personal items? In NC, there are limits on the value of property that can be claimed as exempt.
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What is the monthly amount you receive from SSDI? In NC, Social Security benefits are generally exempt from debt collection.
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What is the cash surrender value of your life insurance policy? In NC, life insurance proceeds are exempt if the beneficiary is a dependent of the insured.
I Do not know
Could you please contact your insurance company to find out the cash surrender value of your policy? This information is crucial to determine if it can be exempted.
Yes. This will be the second time i have given this information to Discover
What was Discover's response when you provided them with this information previously?
I didnt hear from them any longer until yesterday when the sheriff brought the paperwork
What paperwork did the sheriff bring? It's important to understand the current status of your case.
Just the notice of right to have Exemptions designated and the motion to claim exempt property (Statutory exemptions)
What is the deadline mentioned in the notice to claim your exempt property?
20 days
What is the date you received the notice? This is important as you have 20 days from the date of receipt to claim your exempt property in North Carolina.
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What is the date today? This will help us determine how many days you have left to claim your exempt property.
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You have 19 days left to claim your exempt property. Please contact your local court in NC for further assistance. Their contact number is (*) *-*.
Thank you
You're welcome, **** ****. If you have any more questions or need further assistance, feel free to ask.
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