Tag Archives: new york bankruptcy exemptions

Cool things our law firm is doing with the Federal exemptions

     The adoption of the federal exemptions in New York State is simply fantastic.  As bankruptcy lawyers, we knew that it was going to eliminate most small chapter 7 asset cases. However, now I am starting to see just how … Continue reading

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Bankruptcy Court Decision Addresses Question of Vehicle Equity

     Debtor owned a 2005 Hyundai Sonata with no lien when she filed for Chapter 7 bankruptcy. She believed her vehicle had a value between $2,000.00 and $2,500.00 based on a value she obtained from a dealer, in addition to … Continue reading

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