n the (usually elliptical) path described by one celestial body in its revolution about another. â 1 he plotted the orbit of the moonâ. â 2 The moon orbits around the Earthâ. â 3 The planets are orbiting the sunâ. â 4 electrons orbit the nucleusâ. â 5 he's out of my orbitâ. â 6 in the political orbit of a world powerâ.
Share on Google Plus. The federal bankruptcy exemptions are a list of exemptions created by Congress that are available to bankruptcy filers in certain states. Bankruptcy exemptions determine what you are allowed to keep during and after Chapter 7 bankrupty.
The theory behind these exemptions is that, as a debtor filing bankruptcy, you need to keep some property to emerge from bankruptcy with your financial fresh start. Even though bankruptcy is federal law, these two exemptions are set forth in Ohioâs state statutes.