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 ...
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Tags: Bankruptcy, bankruptcy attorneys, bankruptcy estate, bankruptcy exemption, bankruptcy in the united states, business, Chapter 7, estate, estates, Exemptions, inheritance, insolvency law, Keeping property, law, property, Real estate, real property law, title 11, Trustee, united states code
Image via WikipediaOne reason people find themselves in the position of wanting to transfer their assets before filing for bankruptcy is that they are afraid the bankruptcy trustee will take their stuff after ...
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