What Are the West Virginia Bankruptcy Exemptions?
When you file for bankruptcy in West Virginia, the court will require you to list all of your assets and debts. This includes any property that you own, such as your home or car. The court will also require you to list any exempt property, which is property that is protected from being seized by the bankruptcy court.
The West Virginia bankruptcy exemptions protect certain types of property from being seized by the bankruptcy court. The most common exemption is the homestead exemption, which protects your primary residence from being sold to pay off your creditors. Other common exemptions include the motor vehicle exemption, which protects your car from being repossessed, and the personal property exemption, which protects your personal belongings from being auctioned off.
You can claim the West Virginia bankruptcy exemptions by filing a Schedule C with your bankruptcy petition.
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