In Chapter 7 bankruptcy, the trustee can liquidate (promote) the assets in the estate and make use of the proceeds to pay your debts. But exemption laws Enable you to declare some of your assets as exempt from liquidation.
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Chapter 13. It's less of a challenge to qualify for Chapter thirteen than for Chapter seven. Rather than erasing your credit card debt, this sort of filing reorganizes your expending. You'll reach keep your belongings, however the courtroom will order a finances that you should liv
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In relation to the division of residence along with other assets all through a divorce, the Virginia courtroom will aid the distribution as equitably as you can.
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