Certain assets that we own are protected under state or federal laws. These assets are called exemptions. An asset is exempt from legal process by virtue of statutes and laws that Congress or the... more
Virginia lawyer James H. Wilson, Jr., explains the different types of bankruptcies available to consumers in Virginia.
James H. Wilson, Jr., Attorney Counsellor at Law, 4860 Cox Road, Suite 200,... more
Thoughts from a Maryland Bankruptcy Attorney
Exemptions are critically important to consumer debtors because they represent the stuff that you're allowed to keep after you... more
Because there are any number of personal property assets that can be considered as necessary to allow a debtor to maintain their basic standard of living, and to function and operate in their day-to-... more
Not everyone is eligible to file for bankruptcy. You cannot file a Chapter 7 bankruptcy and receive a discharge in that proceeding if you filed a previous bankruptcy proceeding that resulted in a... more
About a month after filing a bankruptcy petition, a debtor, or debtors if it is a joint petition, are required to appear at a meeting or hearing at the courthouse. The meeting is called a Meeting of... more