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Exemptions are protections that the law provides for your real and personal property. If an asset is “exempt,” it is protected. For instance, if you file a Chapter 7 you may exempt equity in your home . This amount is protected from your creditors. If your home equity is under the allowable equity amount, you can keep your home, assuming the payments are current, while discharging your other debts. Different exemptions are available to protect your vehicle and personal property. The attorney will provide you with a full review of this at the time of your initial consultation.
Dear Julie, Thank you for the follow-up on our home foreclosure situation. We managed to borrow the money for our relatives to pay the reinstatement fee. Although it was very embarrassing, we felt it was the best course of action. I would like to thank you for all your help. We did talk to a couple…
We want to thank Mr.William Johnson and everyone at Acclaim Legal Services for assisting us throughout our Chapter 13 plan, always available, always ready to assist us, such a long journey, so many ups and downs to finally, getting through these 5+ long years, thankfully it is now over, this has
When I started at Acclaim they were every helpful in explaining the things i need to know an what all the paper work i needed to get together. As i went through all the process on my Chapter 13 bankruptcy they kept me informed of all i need to do and to get for them. If…
I would like to extend a special thank you to your firm, especially Cindy Millns and our attorney – they were both very helpful in this whole process very reassuring. I would recommend your firm to anyone that needs assistance!