Sentences with phrase «called bankruptcy exemptions»
These assets are called bankruptcy exemptions, because they are exempt from seizure by your Licensed Insolvency Trustee.
https://www.bankruptcy-canada.ca/ Not exact matches
Should you decide to go with Connecticut's exemptions, you may also use additional exemptions that are called the federal non-bankruptcy exemptions, which may be found in various sections of the Bankruptcy Code.
Bankruptcy law is not meant to punish you; it allows you to keep your property under what are called «exemptions» (things you get to keep) and give you a fresh financial start.
Call 407-749-0080 now for a free consultation to see how I may be able to help you with exemption planning and how your bank accounts should be set up before filing bankruptcy.
Without the legal - speak, this means that Minnesota law protects many items of personal property (protected items are called «exemptions») from a bankruptcy sale.