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Daily Archives: October 2, 2012

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Asheville Bankruptcy Exemptions: What property is protected in Western North Carolina?

Chapter 13, Chapter 7, exemptionsBy PeteOctober 2, 2012

Most of the time, exemptions allow you to protect all of your assets. Bankruptcy exemptions enable a client to protect property they own while exercising their right to debt relief in a Chapter 7 or Chapter 13 case.  In Chapter 7, over 95 percent of filers use exemptions to keep/protect everything they own.  In Chapter…

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