Recent Posts in Bankruptcy Exemptions Category
Posted on Jun 29, 2011 By Infinity Law Group
While Massachusetts has changed their Bankruptcy exemption to allow for more protection of debtors property, there is still the possibility that a debtor will have non-exempt property. When you have ...
Continue reading "What happens to my property that is not exempt?" »
Posted on Apr 11, 2011 By Infinity Law Group
On April 7, 2011, the Massachusetts governor signed a bill named “An Act Further Regulating Debt Collection” that has increased the personal property exemptions for residents of ...
Continue reading "New Massachusetts Exemptions - Effective April 7, 2011" »
Posted on Jan 6, 2010 By Infinity Law Group
Here is a partial list of Federal Exemptions for bankruptcy. Married couples filing jointly may double all exemptions. • $20,200 for real property including co-ops and and mobile homes • ...
Continue reading "What are some federal exemptions for bankruptcy?" »
Posted on Jan 5, 2010 By Infinity Law Group
Exempt property is property one may hold onto and not give up to during bankruptcy. A person called the bankruptcy trustee, who represents creditors and may confiscate some of the property you may ...
Continue reading "What are the Massachusetts / Boston exemptions for bankruptcy?" »