Category Archives: Exemptions

If I File for Bankruptcy, Can I Keep my Home?

The potential to lose your home can be one of the most stressful and emotionally trying aspects of going through a tough financial period in your life.  While some may consider filing for bankruptcy, many people fear that in that … Continue reading

Posted in Automatic Stay, Bankruptcy filing, Bankruptcy General, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Exemptions, Protected Assets | Tagged , | Comments Off on If I File for Bankruptcy, Can I Keep my Home?

Can I Keep My Tax Refund in a Chapter 7?

Many people who are interested in filing for Chapter 7 Bankruptcy are interested to know if they are able to keep their tax refunds if they decide to file.  The answer to this question depends on when your case is … Continue reading

Posted in Bankruptcy filing, Bankruptcy General, Chapter 7 Bankruptcy, Exemptions, Protected Assets, Taxes | Comments Off on Can I Keep My Tax Refund in a Chapter 7?

Can I Keep my Tax Refund if I File for Bankruptcy?

Many individuals wonder if they will be able to keep their Federal and State Income Tax Refunds if they are planning on filing a Chapter 7 bankruptcy.  The answer to this question depends on various circumstances including how much of … Continue reading

Posted in Bankruptcy filing, Bankruptcy General, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Exemptions, Taxes | Comments Off on Can I Keep my Tax Refund if I File for Bankruptcy?

Unexempt Tax Refunds in a Chapter 7 Bankruptcy

One of the most frequently asked questions by people who are planning on filing a Chapter 7 bankruptcy near the end of the year or the very beginning of the year is “what will happen to my tax refund?” When … Continue reading

Posted in Bankruptcy filing, Bankruptcy General, Chapter 7 Bankruptcy, Discharge of Debt, Exemptions, Protected Assets, Taxes | Comments Off on Unexempt Tax Refunds in a Chapter 7 Bankruptcy

Property and Exemptions in a Chapter 7 Bankruptcy

There is a common misconception regarding Chapter 7 Bankruptcy, that prospective filers fear they will end up losing everything when they file. This fear stems from people hearing that Chapter 7 requires people to give up all of their property … Continue reading

Posted in Bankruptcy General, Chapter 7 Bankruptcy, Exemptions, Protected Assets | Comments Off on Property and Exemptions in a Chapter 7 Bankruptcy

Will Surrendering Property Forfeit a Debtor’s Homestead Exemption?

When a debtor files for a Chapter 7 bankruptcy, he or she can make use of certain exemptions. Exemptions allow a person to keep personal property, such as a home, car, pension and other personal items. Homestead exemptions can be … Continue reading

Posted in Bankruptcy filing, Exemptions | Tagged , , , , , | Comments Off on Will Surrendering Property Forfeit a Debtor’s Homestead Exemption?

What Property Will I Lose in Bankruptcy?

By St. Louis Bankruptcy Attorney Tobias Licker Bankruptcy will wipe out your debt such as credit card and medical debt. If you find yourself in a situation where you are under a mountain of debt, filing for bankruptcy will provide … Continue reading

Posted in Exemptions | Tagged | Leave a comment