What does it mean to redeem property?

This means that if the trustee has the right to cease a piece of property because it is not protected by an exemption, you may pay the value of the property to the Trustee in order to keep it. The idea being that the Trustee will get the same value from you for distribution to the creditors that he would have gotten from the sale of the property through an auction or outright sale. For example, let us assume that you are single and have two vehicles that are both completely paid off. If your state only allows you to keep one of the two vehicles, you may pay the trustee to keep the second vehicle.