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Tag Archives: Financial Fresh Start

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Valuing Assets In Bankruptcy Cases

By Jessica Holguin |

Most bankruptcy exemptions in Illinois and Indiana are dollar-based as opposed to item-based. So, a certain amount of home equity is exempt as opposed to the houses themselves, and a certain amount of vehicle equity is exempt as opposed to the vehicles themselves. For the most part, these exemptions are quite generous and debtors… Read More »

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