What all is proteced in bankruptcy in TX? If you are being sued, how much cash can you keep after bankruptcy?

April 25, 2009 by Information About Bankruptcy  
Filed under More Bankruptcy Answers

Can you answer canionboyd’s question about Bankruptcy?:

My family, along with their company, is being sued for nearly $2M. We, along with the company, will have to file for bankruptcy. Does bankruptcy protect some of our cash to live on, and what assets do courts typically expect to be sold off to pay the lawsuit assuming all other debts are paid?

Have you claimed your Genesis site?

Information About Bankruptcy

Comments

One Response to “What all is proteced in bankruptcy in TX? If you are being sued, how much cash can you keep after bankruptcy?”

  1. magnolia on April 29th, 2009 1:20 am

    Bankruptcy Feedback:

    Review this site. It will answer a lot of your questions.

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!