Bankruptcy Exemptions

As a citizen of California, you have the option to file for bankruptcy under the terms of Chapter 7. This type of bankruptcy arrangement is one in which you gather up all of your various assets and property. You then sell them off in order to raise the capital to pay...

Although filing for bankruptcy could protect someone dealing with aggressive creditors and other debt issues, some about how the courts will treat them. Liquidation bankruptcy may bring concerns about losing assets the debtor might wish to keep. California residents...