How Do New York State’s Exemptions Differ From the Federal Exemptions?
Since 2010, New York bankruptcy rules have permitted debtors to choose between the state’s exemptions and the federal exemptions. Before then, New Yorkers could only use the state’s exemptions, and back then they weren’t nearly as strong as now. The state improved the bankruptcy exemptions because the legislature hadn’t given them much attention since the …
How Do New York State’s Exemptions Differ From the Federal Exemptions? Read More »
