2023

Should You Protect Assets Or Income In Bankruptcy?

Claiming bankruptcy is all about protecting your finances. But bankruptcy cannot solve all financial problems, nor can it protect all your resources. Each debtor has to choose what they will prioritize and how they will do so. One of the biggest decisions is whether you will prioritize protecting your income or your assets. Here’s what you need to know about both routes.  How to Protect Income Choosing Chapter 7 bankruptcy is one of the easiest ways to protect your income.