Mia resides in a home that she owns in New York. New York has a homesteaad exemption of $170,825, which is higher than the federal homestead exemption. When Mia files for Chapter 7 bankruptcy relief in New York, the federal homestead exemption will apply. True False
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Aa
![Mia resides in a home that she owns in New York. New York has a homesteaad
exemption of $170,825, which is higher than the federal homestead exemption.
When Mia files for Chapter 7 bankruptcy relief in New York, the federal homestead
exemption will apply.
True
False](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fed78aef7-c90f-4ccd-8a9e-ea6d8720fe4b%2Ff5cf6a30-7e22-4a28-ae09-9a402eb0a41f%2F8aa0bg_processed.jpeg&w=3840&q=75)
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