What happens to my stuff if I file for bankruptcy?
July 14, 2022
One of the most issues people worry about is what will happen to their property if they file for bankruptcy. In most cases, individuals and couples (but not companies) who file for bankruptcy usually get to keep most of the things that are needed to live a normal life. This is because, under Wyoming law, people can claim certain property, up to specific limits, as exempt. This protects the property from creditors, either inside or outside of bankruptcy.
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