Tag Archive: bankruptcy estate

Could you sue? List it in your bankruptcy papers.

You should always list potential claims, or potential lawsuits, that you have against someone else along with all of your other assets, because the law considers them to be assets and if you don’t list them, you could lose them forever.

Will I be able to keep anything when I file for bankruptcy?

Can you keep your property through a Chapter 7 bankruptcy? The short answer to this question is: Maybe. It depends on your situation.
This is what something called “exemptions” are for. The way I explain it to clients is this: When you file for bankruptcy, something called the “bankruptcy estate” is […]

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Call 201-676-0722 for a free consultation with bankruptcy lawyer Jennifer Weil.