Recent Posts in Exemptions Category
Posted on Nov 15, 2010 By
Proposed Changes to the Massachusetts Homestead Law The Commonwealth is considering a bill so that individuals will be able to enjoy the certain protections of a homestead without having to record any ...
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Posted on Feb 3, 2010 By Robert Kovacs
For most debtors filing under chapter 7, 11, 12, or 13 you are able to keep your tax return without surrendering it over to the case trustee or the estate. In bankruptcy you are able to exempt certain ...
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Posted on Feb 1, 2010 By Robert Kovacs
In order to protect an asset a person thinking about filing bankruptcy may transfer an asset out of her name and into the name of another. This can include a home, vacation home, car, boat, plan, ...
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Posted on Jan 20, 2010 By Robert Kovacs
Leave it there. An individual filing a chapter 7 bankruptcy case you may be able to exempt up to $11,200 ($22,400 for a married couple) of cash and bank deposits. If the money is exempt it will not be ...
Continue reading "I have money in the bank what should I do? " »
Posted on Dec 20, 2009 By Robert Kovacs
Around this time of the year many struggling families look to their income tax return to provide some relief. These same struggling families often consider filing for bankruptcy. A common question ...
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