What Happens To Injury Settlement Fund In Bankruptcy


Personal bankruptcy is designed to provide debt relief to struggling individuals. However, there are consequences of filing for bankruptcy. That is why many consider it as a last option to solve problems related to debt.

When you file for Chapter 7 bankruptcy, your assets can be taken and sold by the trustee of your case. But you can also claim property exemptions allowing you to keep some of your possessions. You can read many good articles about how to protect your home, vehicle or salary in bankruptcy. However, one important issue that is not often addressed is whether a person … Read the rest