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Daily Archives: January 7, 2019
Gift Cards are not Safe in Bankruptcy
If a gift card is purchased before filing for bankruptcy in Kansas, it will not qualify for an exemption. It has been determined that gift cards are not the same as non-exempt cash. If you are thinking about filing for … Continue reading
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Funds from Sale of Home Cannot be Taken by Bankruptcy Court
In Viegelahn v. Lopez, a Texas bankruptcy case, the trustee wanted to withhold funds from the sale of thedebtor’s home in order to pay the debtor’s creditors. The trustee lost the lawsuit and the court sided with the debtor. Chapter 13 bankruptcies are voluntary and in that nature, … Continue reading
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