Author Topic: What creditors CANNOT take  (Read 3065 times)

0 Members and 1 Guest are viewing this topic.

Jersey No Neck

  • Valued Member
  • Posts: 106
Re: What creditors CANNOT take
« Reply #15 on: May 07, 2012 02:08:31 PM »
Can federal exemption be used in place of state? 

As always NJ [removed] is residents.
« Last Edit: May 07, 2012 04:05:03 PM by Admin0619 »

Dylan150

  • Valued Member
  • Posts: 19
Re: What creditors CANNOT take
« Reply #16 on: May 07, 2012 02:35:28 PM »
If your filing for bankruptcy, then federal exemptions can be used. Please note that federal and state exemptions can not

be mixed together.

Dylan150

  • Valued Member
  • Posts: 19
Re: What creditors CANNOT take
« Reply #17 on: May 07, 2012 02:42:08 PM »
Let me add that it also depends upon what state you live in!