exemption bankruptcy
Bankruptcy exemptions- does it mean that’s how much you get to keep?
What if the exemptions say $3000 for my car, which is worth about $10,000, but I have a lien on it for $7000? does that mean I’ll have $3000 to buy a new car with? or does it mean they’ll sell the car and I”m screwed. lol
If the car is worth $10,000 and you have a lien of $7,000, then the $3,000 exemption protects the equity in your car. You still have to make the payments, but you will be able to keep the car if you do make the payments.
|
|
Bankruptcy Exemption Manual, 2009 ed. $133.48 |
|
|
Bankruptcy: A Complete Office Consultation with Expert Attorneys on the Most SAskedf Wuestions ASout New Personal Bankruptcy Laws Includes bankruptcy rules about: All the different types of bankruptcy, discharging tax liens, your residence, your vehicle, your pension, whether or not to use a lawyer, the debts that can and cannot be discharged, stopping collections in progress, difference between chapters 13 and 7, various exemptions from state to state, homestead exemption, child support and alimony payments and much much mo… |
|
|
Filing for Bankruptcy in Florida Made Simple: A Guide to Help You Decide $5.91 A simple yet essential guide on how to file for bankruptcy in Florida. Bankruptcy can solve many financial problems- but not everything. Whether or not you are getting a lawyer to help you, you need to know what you are doing in your bankruptcy case so you don’t get burned. Far too often, people file for bankruptcy unaware of what may happen and how bankruptcy will affect their debts a… |
|
|
The Attorney’s Handbook on Consumer Bankruptcy and Chapter 13 $49.00 Ready reference for attorneys and other legal professionals… |
|
|
Filing for Bankruptcy in California Made Simple: A Guide to Help You Decide $6.60 A simple yet essential guide on filing for bankruptcy in California. Bankruptcy can solve many financial problems- but not everything. Whether or not you are getting a lawyer to help you, you need to know what you are doing in your bankruptcy case so you don’t get burned. Far too often, people file for bankruptcy unaware of what may happen and how bankruptcy will affect their debts and as… |
