Legal Question in Bankruptcy in Georgia

bankruptucy

under chapter 7 total bank ruputcy

are u allowed to keep one item and not file it


Asked on 6/29/08, 10:06 pm

1 Answer from Attorneys

Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Re: bankruptucy

If you are asking can you omit property from a bankruptcy, that is a felony, and no attorney would help you, as he and you would end up in jail.

All bankruptcies require listing all your assets and all your debts. In some cases you may be able to keep some items (in fact that is normal in most cases). They all must be listed. There is no way someone could tell you what you'd keep without complete financial information from you.

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Answered on 6/29/08, 10:23 pm


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