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What Are the Exemptions in a New Jersey Bankruptcy? - Daniel Straffi, Jr.
From Straffi & Straffi Attorneys at Law - What Are the Exemptions in a New Jersey Bankruptcy? explores how bankruptcy exemptions work under both N.J.S.A. and federal law, including 11 U.S.C. § 522(d) and 11 U.S.C. § 541, and what property individuals in New Jersey can protect when filing under Chapter 7 or Chapter 13. The episode breaks down the critical decision between choosing state or federal exemptions and why many filers in Toms River, Ocean County, and throughout Central and Southern New Jersey benefit from the broader protections offered under federal statutes.Listeners will gain a…
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