Bankruptcy Law/chpt 13

Advertisement


Question
How long after receiving a settlement from an auto accident do you have to wait before filing chpt. 13 in Washington state? What are the rules around that.

Answer
You do not need to wait.  Talk to a local bankruptcy attorney to review personal injury and wildcard (for cash) exemptions you can use.  If there are no exemptions available, then you may need to pay back a higher percentage of debt (enough to protect the asset that is not exempt)
Most attorneys offer free consults.  good luck.  

Bankruptcy Law

All Answers


Answers by Expert:


Ask Experts

Volunteer


Terry Leeders

Expertise

Handles Chapter 7 and Chapter 13 bankruptcy cases.
10 years of extensive bankruptcy experience. Filed over 3000 cases
Chicago Bankruptcy Lawyer website
"One On One Personal Service You Deserve"

Experience

I have been practicing bankruptcy law for 10 years. I have helped over 3000 consumer bankruptcy clients in that time.

Organizations
Chicago Bar Association Illinois Bar Association

Publications
author of Chicago Bankruptcy Blog
Chicago Chapter 13 Bankruptcy Blog
Illinois Bankruptcy Law Blog
Fresh Start Partners

Education/Credentials
University of Illinois Thomas M. Cooley Law School
Chicago Bankruptcy Lawyer website

©2012 About.com, a part of The New York Times Company. All rights reserved.