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Bankruptcy

: The Debt Podcast

What?s The Rule Of Thumb For A Trustee To Take An Asset?

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There are protected amounts for assets when one files bankruptcy, but that does not mean that a trustee will automatically seize and sell an asset having a value slightly over the protected amount. Much depends on the region you file, the particular pressures on a trustee from Washington when you file, the type of asset, the [...]

Full post as published by The Debt Podcast on August 10, 2009 (boomark / email).

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