What Are The New Jersey Bankruptcy Exemptions?
New Jersey law protects all or a portion of your property from being seized by creditors or the bankruptcy trustee in a Chapter 7 bankruptcy. In a Chapter 13 bankruptcy, you are generally allowed to keep all of your assets and property. Certain exceptions may apply, so it’s wise to consult with a New Jersey bankruptcy attorney to find which of your assets will be protected in a bankruptcy filed in New Jersey.
