Two issues determine regardless of whether insurance proceeds are protected in bankruptcy: when the accident transpired and regardless of whether a bankruptcy exemption handles the proceeds.You might be able to defend some or all The cash, however, you can’t assert an exemption in case you don’t record the insurance payment with your bankruptcy

He has also represented Chapter seven trustees, banking companies, home loan lenders and credit score unions in bankruptcy proceedings. Whether you are trying to find a fresh start out less than Chapter seven or desire to regulate repayment of the credit card debt on simpler terms under Chapter thirteen, Jim’s background and practical experience