Protect Your AssetsKnow Your RightsWhen you file bankruptcy, your all of your assets (property) becomes subject to administration by the bankruptcy court. This is often referred to as the "bankruptcy estate." However, this does not mean that you must give up your property. In New Hampshire, residents are provided generous exemptions which are used to protect your property from the trustee of the bankruptcy court. Any non-exempt (non-protected) property can be taken by the trustee and sold to pay your creditors. This is one of the most important reasons why you need an experienced bankruptcy attorney to assist you in exemption planning prior to filing your bankruptcy petition. Typically, consumers are able to protect all of their assets and the trustee does not take any property. However, please be aware that all property recently given away to friends or family members is also considered property of the bankruptcy estate and the trustee may attempt to recover this property. Therefore, before giving away this property or paying off certain creditors, contact Bostock Law, PLLC to get accurate legal advice you need. Let Bostock Law, PLLC help assist you in protecting what’s important. Call today to schedule a FREE initial consultation to discuss your legal rights. Statewide Bankruptcy AttorneysAt Bostock Law, PLLC, our firm is committed to educating consumers on their rights during this stressful time. Don't wait – start rebuilding your credit for a better future. Please contact us today at 866-219-5376 or (603) 624-7100 to schedule a FREE initial consultation with one of our experienced attorneys. We are a debt relief agency. We help assist people file Bankruptcy under the US Bankruptcy Code. |
