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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.
The help I received from acclaim was invaluable! Considering the complexity of bankruptcy, I’m especially thankful for the assistance of my attorney in establishing a plan and initiating the process. I’m also thankful for the ongoing help of paralegal Nicole…
Working with my Attorney was a very comfortable experience. I was scared going into the Chapter 7 bankruptcy process and didn’t know what to do. She walked me through the whole thing step by step. I would recommend her to anyone. Not only was I going through…
I would like to reach out and express my thank you and gratitude to Alisha Goguen.
I would like to start by saying that I am a proud individual that due to life’s crazy path, lead me to needing assistance with a matter that was beyond my scope. As hard as it is to have to file a bankruptcy,…
My wife and I would like to thank Acclaim Legal Services for all their expertise and support. Special thanks to Brian Rodriguez, Cindy Millns and Leanna Sikes who have been so supportive in this most difficult time in our lives regarding Chapter 13 and our set of rather severe circumstances.