2025 Chapter 7 Bankruptcy FAQs in New York: Updated Exemptions & What You Need to Know
Filing for Chapter 7 bankruptcy can feel stressful, but New York’s 2025 exemption updates offer powerful protections for your property. Here’s everything you need to know, including the latest exemption increases and key facts about Chapter 7 bankruptcy in New York. 1. What Exactly is Chapter 7 Bankruptcy? Chapter 7 bankruptcy, also called “liquidation bankruptcy,” […]