Exemption Basics
Exemption Basics
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Bankruptcy Exemptions: Your Property in Bankruptcy
Learn how bankruptcy exemptions protect your property and assets in Chapter 7 and Chapter 13 bankruptcy, when you can use state and federal bankruptcy exemptions, and what will happen if the bankruptcy trustee or a creditor objects to an exemption.
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Find out if you can use the federal bankruptcy exemptions and what property they protect.
Particular Types of Exemptions
Particular Types of Exemptions
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Your Home in Bankruptcy: The Homestead Exemption
Learn about an important bankruptcy exemption for homeowners -- the homestead exemption.
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Wildcard Exemptions in Chapter 7 Bankruptcy
Learn how you can use a wildcard exemption to protect property in Chapter 7 bankruptcy.
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Is My 401k Account Exempt or at Risk in Bankruptcy?
In most cases, your 401k and other retirement accounts are protected in bankruptcy.
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Is the Cash in My Bank Accounts Exempt in Bankruptcy?
Protecting cash, checking and savings accounts, and investment accounts is difficult in bankruptcy. The funds are rarely protected in bankruptcy and are easy for a trustee to obtain and distribute to creditors. Learn what's required to keep your cash and bank account balances in Chapters 7 and 13.
Common Questions
Common Questions
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Will I Lose Bank Account Funds if I File for Bankruptcy?
Find out if you can keep money you have in a savings or checking out when you file for Chapter 7 bankruptcy.