Can I keep assets above exemptions?

[salsa]

So I thought I have read, that you can keep assets above the exemptions if you are paying at least that much to creditors. Is that true? Does it vary by state?

So, lets say exemptions don't cover $20,000 of assets, but I"m paying $60,000 over 5 years. Can I keep that?

[forgotten]

So I thought I have read, that you can keep assets above the exemptions if you are paying at least that much to creditors. Is that true? Does it vary by state?

So, lets say exemptions don't cover $20,000 of assets, but I"m paying $60,000 over 5 years. Can I keep that?

Yes, if you are paying at least $20,000 to unsecured creditors you can keep $20,000 worth of assets over the exemption amount.