A Friend Of The Family ™ For Over 15 Years
Practice Areas
Debt Negotiation Foreclosure Defense Consumer Bankruptcy

What are bankruptcy exemptions in Ohio?

Bankruptcy exceptions come into play when a person files for Chapter 7 bankruptcy. Chapter 7 bankruptcy allows people to sell their most valuable possessions in order to pay off their debts. There are exemptions, however, that people may use to protect certain assets. These exemptions include homes, personal property, and pensions. In addition, debtors may use a wildcard exemption to protect any asset up to a certain value. Due to the delicate nature of bankruptcy, it is important to seek the legal counsel of a bankruptcy lawyer who can help you determine which exemptions are available to you.

Search our Site