Dieppa Law BlogChapter 7 Trustee
Negotiating with The Ch. 7 Bankruptcy Trustee
When an individual files a bankruptcy petition, they frequently are “over exempt” with respects to their assets, meaning they have more assets than they have protections under the state statutes. For example, the state of Florida gives each person a $1,000 auto exemption. The value of an auto exceeding $1,000 is over exempt. Typically, the [...]