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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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I came into my Chapter 7 Bankruptcy with a lot of questions and a lot of misinformation. I was concerned if I was ever going to get out of the mess that had been created. My attorney quickly put me at ease and made the law very clear so I could easily understand…
I would give the Acclaim team an A+. The team never made us feel any less then important to each of them from the Desk Clark to the Trustee – I must say…. the communications that I had with Nicole M. Hollihan was always great – e-mails and voice mails were answered…
Thank you for all of your help whenever I called or emailed you regarding my bankruptcy case. You were always helpful and quick to respond on helping me. I truly appreciate the awesome legal service that team at Acclaim Legal Services provided.
Many blessings…
Prior to filing a Chapter 13 Reorganization, one of my biggest concerns was “how will this affect my credit?” After talking with one of the attorneys at Acclaim Legal Services, they showed me that a Chapter 13 would allow me to consolidate my bills based on my…