picker
Sep 30, 2007, 02:21 PM
IF I decide to declare bankruptcy do the courts come into my home and remove all items of any value, I have children and if I decide to go ahead the more info as to what happens when would be good to know so as to protect them as much as possible.
Thank you
Fr_Chuck
Sep 30, 2007, 04:10 PM
No, once you file, you give a detailed list of the value of various properties, cars, homes and the such, there is a large amount of exempt property, if you own so much you have property over the exempt amount, that can be taken for sale but this will be far into the bankrutpcy proceedings.