Sentences with phrase «generous bankruptcy exemptions»
Texas has generous bankruptcy exemptions that can protect your assets — namely your home, 401K and IRA retirement accounts, one vehicle per driving adult in your household, plus other personal property.
http://www.texasbankruptcynow.com/ Not exact matches
-LSB-...] bankruptcy code has some generous exemptions for retirements.
Bankruptcy exemption laws are fairly generous when it comes to allowing you to keep assets you will need to restart your life.
California has very generous exemptions and in most Chapter 7 cases, the debtor (person filing bankruptcy) gets to keep all of his or her assets and walk away from the debt.
It is childs play to enhance debtors rights in bankruptcy by allowing judges to reduce debt on primary residences (after all, other types of debt can be restructured, including corporate debt), by increasing exemptions to, say the generous levels provided in Florida, and let FNM and FRE go belly up.
The generous exemptions provided for in a Chapter 7 bankruptcy enable most people to keep all of their property.
Bankruptcy law prohibits moving from one state to another simply to qualify for more generous exemptions.