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A couple filed for bankruptcy, never thinking they could wind up homeless. Then, the state supreme court ruled their RV does not count as a home.
So could the next person in Arizona who declares bankruptcy while living solely in an RV. This goes back to something called “the homestead exemption,” and the idea that you shouldn’t lose ...
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Chapter 7 vs. Chapter 13 Bankruptcy: Which Is Best for You?
With a Chapter 7 bankruptcy, you may have to sell certain property you own. With a Chapter 13, you won't. Most states have bankruptcy exemptions ... For example, if you got a Chapter 7, you ...
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What happens to my car when I file for bankruptcy?
Chapter 7 bankruptcy ... the exemption and keep your car. If it is valued at more than the exemption limit, the bankruptcy trustee may choose to sell your car to pay your creditors. For example ...