Connecticut Law Tag

26 Mar Why Most Websites Get Connecticut Exemptions Wrong

Bankruptcy exemptions under the law are a complicated subject. Under the changes to the Bankruptcy Code in 2005, this subject has gotten even more complex. The first question to be answered is: Which law applies? There are so many choices: federal bankruptcy law vs. state law, state law vs. state law. Much is determined by where you have lived and when. Sure, Congress was trying to stop the 'flight' to states where the exemptions laws are generous. Another part of the Bankruptcy Myth. Like we all have that kind of money to pick up and move south.

But I digress...

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