Chapter 13 bankruptcy is only accessible to wage earners, the self-employed and sole proprietors (1 human being firms). To qualify for Chapter 13, you must have common profits, have filed all demanded tax returns for tax durations ending inside of four many years of the bankruptcy filing and satisfy other specifications established forth inside the

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Any time you file for bankruptcy with the partner in Virginia, Every single of you'll be able to frequently claim the full exemption in the event you possess the home collectively. This essentially allows you to double the exemption.Congratulations! Based on the knowledge you may have supplied, that you are suitable to continue your home loan proce

Unless in any other case indicated, when spouses file bankruptcy collectively in Virginia, then each husband or wife may perhaps declare the full degree of the bankruptcy exemption (informally referred to as “doubling”) presented Each and every wife or husband has an possession fascination while in the related property.Kevin Graham - January 17