Will I have to give up all of my assets? | The Golden Law Group | Helping Residents & Businesses Get Financial Stability | (813) 413-8700 | https://www.brandonlawyer.com | 808 Oakfield Drive, Ste A, Brandon, Florida 33511 | 9040 Town Center Pkwy, Bradenton, Florida 34202
When you file a Chapter 7 Bankruptcy you will not have to give up all of your assets. When you file bankruptcy you have what’s called exemptions. Exemptions are assets that you are allowed to keep when you file bankruptcy. In Chapter 13 cases, you typically get to keep all of your assets in exchange for entering into a payment plan with your creditors.