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Can I keep my house if I file bankruptcy in Virginia?

In most cases you will not lose your home or car during your bankruptcy case as long as your equity in the property is fully exempt. (see Virginia bankruptcy exemptions) Even if your property is not fully exempt, you will be able to keep it, if you pay its non-exempt value to creditors in chapter 13.

How do I file Chapter 7 bankruptcy in Virginia?

Collect Your Virginia Bankruptcy Documents. Take a Credit Counseling Course. Complete the Bankruptcy Forms. Get Your Filing Fee. Print Your Bankruptcy Forms. File Your Forms With the Virginia Bankruptcy Court. Mail Documents to Your Trustee. Take a Debtor Education Course.

What can be kept during bankruptcy?

Fortunately, filing for bankruptcy doesnt mean giving up everything you own. Youre allowed to exempt (keep) a reasonable amount of property that youll need to work and live, such as household items, clothing, and your retirement account.

What does VAEB stand for?

(1) VAs principal governance bodies are the VA Executive Board (VAEB), VA Operations Board (VAOB), VA Modernization Board (VAMB), and the VA Chief of Staff Council (VACSC).

How many bankruptcy districts are there in Florida?

US Bankruptcy Courts are divided into three districts in Florida: Northern District of Florida. Middle District of Florida. Southern District of Florida.

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