In this video, Buffalo bankruptcy attorney explains what assets you can protect during bankruptcy. Watch for more information, then call our office.
- You will not lose all of your assets under a Chapter 7 bankruptcy
- Federal court exemptions and State exemptions can protect your assets
- Under the State code, your attorney can protect $75,000 worth of assets for an individual, and $150,000 for a couple
- Under the Federal code, your attorney can protect a couple’s homestead