State Exemption Laws

One of the big concerns of consumers who are considering bankruptcy is that they will lose all of their property. In fact, the “I can’t file for bankruptcy because I will lose everything I own” myth is one of the biggest misconceptions out there about the bankruptcy process. Rather than automatically losing all of your property, the bankruptcy court compares your assets against the applicable exemptions for your state to determine whether there is anything to distribute to creditors. The majority of people who file for personal bankruptcy are able to utilize exemption laws to retain all of their property through the process. Exemption laws vary greatly by state, so it’s usually a good idea to meet with a local bankruptcy attorney to discuss how your property will be affected.

State Exemption Laws

Oklahoma Exemption Laws: What Property Can I Keep?

Last updated on September 12, 2023

State Exemption Laws

North Dakota Exemption Laws: What Property Can I Keep?

Last updated on September 12, 2023

State Exemption Laws

Mississippi Exemption Laws: What Property Can I Keep?

Last updated on September 22, 2023

State Exemption Laws

Minnesota Exemption Laws: What Property Can I Keep?

Last updated on September 12, 2023

State Exemption Laws

New Jersey Exemption Laws: What Property Can I Keep?

Last updated on September 22, 2023

State Exemption Laws

Wisconsin Exemption Laws: What Property Can I Keep?

Last updated on September 12, 2023

State Exemption Laws

Missouri Exemption Laws: What Property Can I Keep?

Last updated on September 12, 2023

State Exemption Laws

Tennessee Exemption Laws: What Property Can I Keep?

Last updated on September 12, 2023

State Exemption Laws

D.C. Exemption Laws: What Property Can I Keep?

Last updated on September 12, 2023

State Exemption Laws

Maryland Exemption Laws: What Property Can I Keep?

Last updated on September 12, 2023

State Exemption Laws

Maine Exemption Laws: What Property Can I Keep?

Last updated on September 12, 2023

State Exemption Laws

Louisiana Exemption Laws: What Property Can I Protect?

Last updated on September 12, 2023

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