Vance P. Truman, Attorney at Law
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December 2018 Archives

5 types of Chapter 7 bankruptcy exemptions

Your bankruptcy exemptions detail the property that you get to keep when you file for Chapter 7 bankruptcy. These are the personal possessions and other property that won't be subject to liquidation when it's time to sell your property for the purposes of paying back debts. Fortunately, many bankruptcy filers are surprised by just how much of their favorite property they get to maintain through the following bankruptcy exemptions:

Has medical debt wiped you out financially? You have options

Northern Ohio residents who have run up mountains of medical bills after a serious illness or accident can find themselves buried under debt. People who never let themselves get behind on a bill suddenly find themselves inundated with collection notices and threats from creditors.

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