Tag Archives: debtors
How Does Residency Relate to Your Bankruptcy?
Some states have lists of assets that are exempt when filing bankruptcy and debtors can choose whether to use the federal list of exempt assets or the state’s. Not all states allow you to choose, but Pennsylvania is an either/or state that allows you to decide whether to use the state or federal government’s exemptions. […]
Forgive Us Our Debts, As We Forgive Our Debtors
The idea of forgiving debts is not a new one. It arose centuries ago during biblical times. Despite the social stigma often associated with filing bankruptcy, the United States, which was founded as a Judeo-Christian nation, draws on a rich religious heritage of showing compassion for debtors. During the time of Moses, the Israelites were […]
