I was wondering if personal injury awards can be seized in chapter 7 bankruptcy ?
2006-11-01 14:48:59 · 3 answers · asked by misfit 3 in Business & Finance ➔ Personal Finance
Although bankruptcy is a federal law, the property that you can keep after filing bankruptcy is largely determined by state law. The laws of each state are different, so you should consult a local bankruptcy attorney instead of relying in any advice you receive in this forum.
2006-11-02 06:45:34 · answer #1 · answered by Carl 7 · 0⤊ 0⤋
In your case this site can be very helpful FINANCE-SOLUTION.US
RE Are Personal Injury awards exempt in Bankruptcy ?
I was wondering if personal injury awards can be seized in chapter 7 bankruptcy ?
2014-10-01 19:38:49 · answer #2 · answered by Anonymous · 0⤊ 0⤋
All income is counted..regardless. The courts have to see if you have the ability to pay or not.
2006-11-01 14:57:10 · answer #3 · answered by Anonymous · 0⤊ 0⤋