S. trustee if a debtor makes an attempt to afterwards assert possession of this sort of an "unscheduled asset" just after currently being discharged of all debt while in the bankruptcy. The trustee might then seize the asset and liquidate it for the advantage of the (previously discharged) creditors. Whether or not a concealment of these types of a
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The confusion for taxpayers in bankruptcy springs from the necessity for that filing of two kinds of tax types. One is for the individual and the other is for the bankruptcy estate.Nonetheless, You could have a wildcard exemption accessible to you. The wildcard exemption safeguards any asset of your decision. Also, your state may well allow for you
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