- You will not lose all of your assets under a Chapter 7 bankruptcy
- Federal court exemptions and State exemptions can protect your assets
- Under the State code, your attorney can protect $75,000 worth of assets for an individual, and $150,000 for a couple
- Under the Federal code, your attorney can protect a couple’s homestead
This educational video was provided by Randy H. Gugino, an experienced Buffalo Bankruptcy Attorney. If you have questions about bankruptcy or debt relief, we would be happy to help. Please contact our office at (716) 833-8455 for a free initial consultation. Let our experience work for you.