Understanding Virginia’s Wildcard Exemption and Homestead Deed in Bankruptcy

Understanding Virginia’s Wildcard Exemption and Homestead Deed in Bankruptcy When filing for bankruptcy in Virginia, one of the most misunderstood topics is Virginia’s wildcard exemption—often referred to as the VA Code 34-4 or homestead deed. This exemption plays a crucial role in protecting assets during a Chapter 7 or Chapter 13 bankruptcy. However, Virginia’s laws […]