Insurance cash values are exempt in North Carolina
by Victorianne C. Maxwell (Maxwell Law Firm, PLLC)
An exemption is property that protected by either state and or federal law seizure by your creditors, when you owe a debt and or a judgment has been entered against you.
Under N.C. Gen. Stat. § 1c-1601 (a ) (6 ) the cash values both whole and term policies are exempt.
The Attorneys of Maxwell Law Firm represents clients in North Carolina and South Carolina : filing for bankruptcy, chapter 7 representation , foreclosure defense, tax collection assistance, and loan modifications. You may schedule your appointment by calling 704-780-1100. Save an additional 20% off the fees by scheduling your appointment online.

