A: Usually you can keep your property if you choose to file for bankruptcy. Certain property is called “exempt” (that means protected) assets. You are allowed to keep those items that are exempt when filing for bankruptcy protection. The concept behind exempt items is that you will need certain basic items in order to make a successful fresh start after declaring bankruptcy.

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2017-05-03T00:35:18+00:00May 3rd, 2017|

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