Transcript:
00:00:00
A popular and uh common concern that many people have uh is after filing bankruptcy, can I keep my furniture and household items and personal items? And the answer to that question is yes. Uh many people are worried uh just because I have to list my items and personal things and and things around the house, clothing, etc. that I own. Does that mean that someone’s going to come in my house and look around and uh take those things? And uh no, that is not the case. Uh there are exemptions both under the
00:00:39
state of Texas exemption system and the federal bankruptcy exemptions that protect all those items. So that is not any concern at all. and uh by having to list those as part of your property and assets in a bankruptcy that is for the purpose of protecting them. That doesn’t mean that you’re listing things that uh are going to end up being lost. So, it’s a big concern for someone uh filing bankruptcy, but it’s not to be worried about at.
This transcript was auto-populated.
