California  |  Bankruptcy

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4/06/09, 8:07 pm

Legal Question


Limits on Exemptions in Bankruptcy

Can you pay for personal property with several credit card cash advances, then file ch. 7, list the credit card debt to be discharged AND still keep the property acquired with the cash advances ''exempt'' within the exemption limitations?.... Even though there was really never a dime out of pocket to pay for the property....


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