Sentences with phrase «because bankruptcy exemptions»

Another great benefit is the guarantee that you will not lose all your property because bankruptcy exemptions are there to protect you.

Not exact matches

Because of the exemptions available in Wisconsin, a bankruptcy filer can keep the house as long as he / she has less than $ 75,000 of equity in the house ($ 150,000 for a married couple).

These assets are called bankruptcy exemptions, because they are exempt from seizure by your Licensed Insolvency Trustee.

She also claimed that a provision increasing the exemption amount to $ 350, found in § 33-15-415 (1)(c), did not apply because the annuity contracts were the property of the bankruptcy estate.

In the vast majority of Chapter 7 or Chapter 13 bankruptcies, your home can not be sold to satisfy creditors because of the Homestead Exemption, a federal bankruptcy code provision that allows homeowners to remain in their homes [source: Bulkat].

However, the majority of Chapter 7 bankruptcy cases do not involve a sale because of the Ohio bankruptcy exemptions.