Execution Notice Of Exemptions {CC-3-11}

CC 3:11 - EXECUTION NOTICE OF EXEMPTIONS. This form is used in Nebraska courts to notify a debtor that a Writ of Execution has been issued in a case, meaning the court has authorized the seizure and sale of certain property to satisfy a debt owed to a creditor. However, the form also informs the debtor that state and federal law protects certain types of property from being taken and sold through execution. The form explains the various categories of exempt property under Nebraska law, such as personal property up to $5,000, household items, tools of trade, vehicles, homesteads, and benefits like pensions and insurance proceeds. The debtor is given the opportunity to request a hearing to claim exemptions by completing and returning the form within 20 days of receiving it. If an exemption is claimed under Nebraska Revised Statute § 25-1552, the debtor must include an inventory listing all property, its fair market value, and mark which items are claimed as exempt. If the debtor does not respond in time, the seized property may be sold and the proceeds applied to the debt. This form also includes important legal notices and instructions, ensuring that the debtor understands their rights and how to preserve property that may legally be protected from execution. www.FormsWorkflow.com