When you file your bankruptcy case, make sure you have all of your assets listed. Leaving property off of your schedules can get you in trouble with the court and, in some cases, can make you and your lawyer look downright silly. For example, we all know used clothing isn’t worth anything. However, if you [...]
property
Bankruptcy exemptions dicate what you’re allowed to keep when you file Chapter 7. You are entitled to keep property that is exempt, and you may be forced to give up any property that is not. Exempt property is property that is protected from creditors if you are sued and also if you file bankruptcy. Under [...]
