The goal of bankruptcy is to relieve yourself of debt obligations, while protecting as many assets as possible through allowable exemptions. Currently, you will always owe certain debts, such as child support, alimony and student loans. Wedding Jewelry is fully exempt, but other jewelry will need to be protected through exemptions, but those exemptions can only go so far. You could sell certain personal property in order to come up with the funds to pay for your bankruptcy. Transfers, sales and purchases that occur directly before bankruptcy are always looked at suspiciously by the court and the trustees involved in each case. Consult with us today to prepare an appropriate plan for a fresh start.
This Is How We Do It:
- Call FerrisWinder, PLLC, at 804-767-1800 or email paralegal Cathy Wright by completing our contact form.
- We’re glad to set up a free consultation to answer your questions and make sure you qualify.
Many of our clients have found the process very helpful in lifting the burden of debt off of their shoulders. They quickly realize that bankruptcy is a useful tool, not a form of punishment. By working together, we can help you keep your home, stop garnishments, stop warrants in debt, stop repossessions, and often pay creditors back at pennies on the dollar.