Virginia Bankruptcy

What Can I Keep When I File Bankruptcy in Virginia?

by Dan Press, Virginia and D.C. Bankruptcy Attorney

Most people who file bankruptcy can keep everything they own.  When filing bankruptcy, a Virginia resident is entitled to keep certain property as exempt from the trustee and creditors.  The major Virginia exemptions include: • Up to $5000 in household goods and furnishings. • Up to $1000 in wearing apparel. • Up to $2000 in equity in [...]