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{"id":435,"date":"2012-04-27T17:46:53","date_gmt":"2012-04-27T22:46:53","guid":{"rendered":"http:\/\/johnbodlelaw.com\/?page_id=435"},"modified":"2012-04-28T16:46:43","modified_gmt":"2012-04-28T21:46:43","slug":"the-fresh-start","status":"publish","type":"page","link":"http:\/\/johnbodlelaw.com\/practice\/bankruptcy\/bankruptcy-basics\/the-fresh-start\/","title":{"rendered":"The Fresh Start"},"content":{"rendered":"Bankruptcy provides a means for debtors to eliminate or reduce some or all of their debt, while saving certain property deemed essential to support themselves and their dependents — enough to let them start over “fresh.” \u00a0That’s why we call it a “fresh start.”<\/p>\n
The “property deemed essential” for a fresh start is called “exempt property<\/a>.” \u00a0Bankruptcy is federal law, but each state has its own list of exempt property. \u00a0If you are a Kansas resident, you must use the Kansas exemptions; but if you recently moved, the bankruptcy code has a set of rules for determining proper residency for bankruptcy purposes.<\/p>\n","protected":false},"excerpt":{"rendered":"Bankruptcy provides a means for debtors to eliminate or reduce some or all of their debt, while saving certain property deemed essential to support themselves and their dependents — enough to let them start over “fresh.” \u00a0That’s why we call it a “fresh start.” The “property deemed essential” for a fresh start is called “exempt […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":56,"menu_order":2,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"yoast_head":"\n
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