With a Chapter 13, you won't. Most states have bankruptcy exemptions that allow individuals to keep their home and car in a Chapter 7 bankruptcy. That said, it should help your case to make a ...
Bankruptcy proceedings can give you some much-needed breathing room, but they also come with serious financial ramifications ...
Some of your business assets may be protected by exemptions, meaning that you could potentially continue to operate after filing bankruptcy. Additionally, if you are a partner in a business or ...
Yellow appears to have settled litigation that could have been a significant roadblock in the company's bankruptcy case.
At the time of writing, the federal bankruptcy exemption for IRAs is $1,512,350. The short answer? It depends. As Cara O’Neill, an Attorney, notes on NOLO, several factors determine whether your ...
However, Chapter 7 allows you to protect certain assets by filing an exemption with the bankruptcy court. Generally, protected assets are those you need to live, like your home, car, and ...
This law increases the exemption limit on motor vehicles for individuals filing for bankruptcy, offering a critical lifeline to families attempting to retain their primary mode of transportation.