One of the most commonly asked questions that we receive is: will I be able to buy a house sometime in the future? I have had many clients who have been able to buy a house after a Chapter 7 bankruptcy. There are some steps you can take to help you be successful in obtaining …
Virginia is the only state that has a life time limit on the amount of assets that can be protected under the Homestead Exemption, often referred to as a wild card exemption. This can cause significant problems for an individual who has no ability to repay the debts that they have incurred, often through no …
When you decide to file for Chapter 7 bankruptcy in Virginia, you’re going to hear a lot about exempt and non-exempt assets. What categories will your property fall under? What will you get to keep and what will be sold? There are always exceptions, but in most cases, this is how it is determined whether …
Chapter 7 Bankruptcy In Virginia: Exempt And Non-Exempt Assets Read More »
