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Chapter 7 Bankruptcy and Your Assets - What Happens When You File?
Posted by AcclaimLegalService
A Chapter 7 Bankruptcy allows you to exempt (protect) equity in real and personal property, such as your:
- Home (Real Property)
- Vehicle
- Personal belongings & misc. household goods and furniture
- General exemptions, such as bank accounts, income tax refunds, qualified retirement accounts, etc.
However you can only protect…
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