Sentences with phrase «protected by bankruptcy law»

Since your retirement funds are already protected by bankruptcy law, it is important that you talk to a bankruptcy trustee before draining your retirement savings to pay off debts.

While some of the cash value in the policy may be protected by bankruptcy laws, any amounts that exceed the protection limits can be seized by the court.

Not exact matches

Exemption laws have been enacted by every state as well as the federal government to protect the property of debtors against the claims of judgment creditors and, once a bankruptcy case is filed, the trustee.

Chapter 7 is sometimes called «income protection,» because by surrendering to the bankruptcy court your nonexempt assets (assets over and above those things that you may keep by law when you file bankruptcy) you are protecting all of your future earnings.

Since Doan Law Firm has one of only fourteen Board - Certified Bankruptcy Specialists in Consumer Bankruptcy Law by the American Board of Certification in the State of California, you can sleep soundly knowing your case will process smoothly, your assets will be protected, and your debts eliminated.

Moreover, even in the event of a bankruptcy, you and your family are protected by law and there are certain possessions that can not be taken from you.

In Texas, bankruptcy protects consumers against lawsuit from creditors, but that protection doesn't start until after you've undergone the mandatory credit counseling session required by the new bankruptcy laws.

America's Federal Bankruptcy Laws are designed to give Debtors a «Fresh Start,» but they also protect Creditors, by ensuring that each and every Creditor will be treated equally, whether they are complete strangers to the Debtor, or close relatives of the Debtor.

And, because the bankruptcy code is part of Nebraska state law, all resolutions are protected by the courts.

Prior to filing, Attorney Williams will conduct a liquidation analysis to ensure that your assets will be protected by the exemptions that are available to you under the bankruptcy laws.

Also, during your case, you'll be protected by the automatic stay provision of Wisconsin's bankruptcy laws which is designed to prevent foreclosure, repossession and lawsuits.

A husband or wife might also wish to consider the possibility of whether a bankruptcy filing would protect that spouse from being held in civil, non-punitive, contempt of court by a Virginia state court judge for failing to abide by the terms of a family law court order.