Exempt vs. Non-Exempt Property

FAQs

• What happens to a tax refund in bankruptcy?
• Can I use bankruptcy to protect my assets?
• Will I have to give up my personal possessions if I file for bankruptcy?
• How much of my home and home equity is off-limits to creditors under the bankruptcy law?
• What is the wild card exemption in bankruptcy?
• What is redemption in a bankruptcy case?
• Will bankruptcy affect my right to recover for injuries I previously suffered in an accident?
• How does bankruptcy affect property settlement after a divorce?
• Should I File Individual or Joint Bankruptcy with My Spouse?
• What happens to life insurance benefits I receive after filing for bankruptcy?
• Are my retirement assets, college savings plans, and asset protection trusts protected under the bankruptcy law?