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(703) 880-4881

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(703) 880-4881

Day: June 4, 2018

Keeping Assets in a Chapter 7: Understanding Virginia Bankruptcy Exemptions

Schedule C: Property Exemptions -- this is the part of the bankruptcy schedules that state what bankruptcy exemptions a debtor is claiming. Virginia bankruptcy exemptions are fairly generous.

Virginia Bankruptcy Exemptions are the laws that allow you to keep assets in a Chapter 7 The most common type of bankruptcy is a Chapter 7 bankruptcy, aka a liquidation bankruptcy.  The process usually takes approximately three to four months for a standard case. During this process you file a petition that provides information about […]

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