The State of Virginia has created a new exemption for bankruptcy that was effective since July 2020. What Is a Bankruptcy Exemption?A Bankruptcy Exemption allows you to keep some of your assets safe in bankruptcy. This includes inexpensive cars, professional tools, clothing, and a retirement account. If you have exempted assets, then you don�
2020 Bankruptcy Law Changes in Virginia: What You Should Know About the New Exemption
The State of Virginia has created a new exemption for bankruptcy that was effective since July 2020. What Is a Bankruptcy Exemption?A Bankruptcy Exemption allows you to keep some of your assets safe in bankruptcy. This includes inexpensive cars, professional tools, clothing, and a retirement account. If you have exempted assets, then you don�