Exemptions

Bankruptcy Exemptions: Basics and Pitfalls

Bankruptcy Exemptions: The Basics You are required to list all of your property (assets) when you file a Bankruptcy case.  Your property can then fall into exemptions which allow you to keep that property.  The purpose of the exemptions is to give you a fresh start and not a leg up.  Different states have determined … Read more

Understanding Texas Bankruptcy Exemptions

“Will I lose it all?” is one of the first questions individuals ask when considering filing for bankruptcy. However, bankruptcy laws allow for protection of certain types and amounts of the debtor’s property. Choosing Federal Or Texas Bankruptcy Exemptions Each state handles bankruptcy exemptions differently. Some states allow debtors to choose between using the federal … Read more