Rothschild & Ausbrooks, PLLC
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Posts tagged "Tennessee Bankruptcy"

Can You Expect Your Health Savings Account in Bankruptcy?

Of the various different types of bankruptcies, Chapter 7 tends to be the most common as well as the simplest. Specifically, it's characterized by a trustee selling off assets not protected by exemption in an effort to settle debts with creditors. Under terms of Chapter 7 bankruptcy, a debtor can claim certain things as exempt, such as cars, property or other valuable belongings that might otherwise be sold to settle all of or parts of the total debt. Nonexempt property is everything that isn't classified as, or marked as, exempt.

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Rothschild & Ausbrooks, PLLC
1222 16th Avenue South, Suite 12
Nashville, TN 37212

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