Tag Archives: Personal Property in Bankruptcy

Most people probably do not understand that 90% of the time when someone files a Chapter 7 bankruptcy they do not lose any of their property.  This is because in a bankruptcy, you can keep all property which the law says is “exempt” from the claims of creditors. Exemptions can be determined under your state […]

If your goal is to simply stop a flood of ugly creditor telephone calls, the law is partly on your side. The Federal Fair Debt Collection Practices Act requires collection agencies (but not the original creditor) to stop calling you if you ask them to stop. However, even if those collectors honor your request to […]