Fornits

Treatment Abuse, Behavior Modification, Thought Reform => Straight, Inc. and Derivatives => Topic started by: maxxine on August 08, 2012, 01:46:17 AM

Title: proteced in bankruptcy
Post by: maxxine on August 08, 2012, 01:46:17 AM
What all is proteced in bankruptcy in TX? If you are being sued, how much cash can you keep after bankruptcy? My family, along with their company, is being sued for nearly $2M. We, along with the company, will have to file for bankruptcy. Does bankruptcy protect some of our cash to live on, and what assets do courts typically expect to be sold off to pay the lawsuit assuming all other debts are paid?