Unseizable assets

Some assets of the debtor are unseizable or non-forfeitable.

The part of the debtor’s income that is indispensable to cover his cost of living is non-forfeitable. This amount includes living expenses, rent, health insurance, travelling expenses to work and telephone costs. The income exceeding the margin of subsistence can be seized.

If the debtor runs a business as a personal undertaking (one-man business), his vehicle, his tools and possessions necessary to run the business are non-forfeitable.

Furthermore, personal items and furniture in the debtor’s home are non-forfeitable. If the debtor depends on a vehicle to go to work, the vehicle is unseizable.

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