Transcript Florida has a homestead exemption which means 100% of the equity in your house is protected from your creditors or a federal bankruptcy trustee. The rule does not apply to secured creditors such as mortgage or an association.
Can my chapter 7 be denied?
Transcript It is possible to have your bankruptcy denied, however, it’s easy to avoid. If you are truthful and accurate when you answer the questions on the forms and answer the questions of the bankruptcy trustee, you should have no issues.
Get Rid of Your Financial Burdens with Assistance of a Chapter 7 Lawyer
Have you been pushed down the path of bankruptcy due to some unfortunate events? Do you want to manage everything seamlessly and go for a fresh start again? You will need a personal bankruptcy lawyer who fully understands Chapter 7 who can explain how you can do this properly. A chapter 7 lawyer can help … Continue reading “Get Rid of Your Financial Burdens with Assistance of a Chapter 7 Lawyer”