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Articles Posted in Bankruptcy Exemptions

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What is a Bankruptcy Estate?

A bankruptcy estate is the entirety of assets or property rights that can be administered by the court in a bankruptcy case. The estate is created once a bankruptcy case is filed, and it includes all interests of the debtor in any kind of property. Essentially this means that when…

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What About My 401K, My IRA, and My Retirement?

    Many people believe they will lose their retirement money if they file for bankruptcy.  This is not true.  Many clients meet with me and state that they “cashed out their retirement and are ready to file bankruptcy.” This is not necessary.  Retirement accounts and pension plans are fully…

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