Colorado Homestead Exemption – Will I be able to keep my home if I file for bankruptcy in Colorado? One of the biggest concerns of those facing bankruptcy is whether they will have the ability to keep their home through the process. One of the common myths surrounding bankruptcy is that you will lose all your [...]
Bankruptcy Means Test Limits On Private School – $147.92 Per Month
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Unless you can find a private school for your child that charges only $147.92 per month, you may not be able to devote all of your disposable income to your chapter 13 plan and keep your child in private school. If you want to file a chapter 7 bankruptcy instead, you may be prevented from [...]
California Bankruptcy Laws and Exemptions, Homes and Cars
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California Bankruptcy Laws and Exemptions If you are considering filing for bankruptcy in California, one of the important issues your attorney will address in a consultation is exemptions. Federal exemptions are not available to those filing bankruptcy in California, so potential asset exposure will be determined solely by state law. California law provides for two sets [...]
Arkansas Bankruptcy Information: Homestead Exemption
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The Arkansas Homestead Exemption Applies Differently Based On Whether You Reside In an Urban Area or Out In the Country. Does Arkansas bankruptcy law discrminate against the state’s city dwellers? Well, not exactly. Those filing for bankruptcy in Arkansas can choose between state or federal exemptions. However, choosing between the two may be a function [...]
Arizona Bankruptcy and Your Car
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Can you file for chapter 7 bankruptcy in Arizona and keep your car? It depends on the value of your car and whether it’s encumbered by a loan. Arizona law allows residents to protect up to $5,000 of value in a car through the bankruptcy process. In recognition of the increased cost of transportation for [...]
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