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Consumer Bankruptcy
Exempt And Non-Exempt Property

FAQs

A lender has a mortgage lien. What is a lien and does it affect my bankruptcy case?

What is the wild card?

Will bankruptcy affect my right to recover for injuries I previously suffered in an accident?

Can I shelter property by transferring it to family members?

I got divorced after my case was filed. What happens to my property settlement?

Can I use bankruptcy to protect my assets?

Who owns my tax refund?

My spouse is declaring bankruptcy. Should he file alone or should we file together?

A relative died after my case was filed. What happens to the life insurance proceeds?

What will happen to tuition prepayments for my children?

Are my retirement assets, college savings plans, and asset protection trusts protected under the new bankruptcy law?

What is surrender?

Can I keep my house if I file bankruptcy?

What is redemption?

Can I keep my car if I file bankruptcy?

How much of my home equity is off-limits to creditors under the new bankruptcy law?

Freeing me from my debts in bankruptcy is in exchange for losing some of my possessions. How does that work?

What property can I keep in a Chapter 7 bankruptcy filing?

What property will I lose in a Chapter 7 case?

I have no property or assets to turn over to the trustee. Can I still file?


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