Bankruptcy Information for Your State

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Although most of bankruptcy is governed by federal law, some aspects of bankruptcy are controlled by state law.  For example, all states have a set of exemptions that determine, in part, what property you get to keep in Chapter 7 bankruptcy.

In addition, some state-specific income and expense figures play a prominent role in crucial aspects of bankruptcy, including whether you qualify for Chapter 7 bankruptcy (that is, can you pass the infamous "means test"?) and determining how long your Chapter 13 plan will last.

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