Rhode Island Bankruptcy Information Center

Bankruptcy Law Blog of Former RI Chapter 7 Trustee David Hathaway

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Entries from July 2009

Will I receive credit card offers after filing bankruptcy?

January 30th, 2009 · No Comments

Many people think they won’t be able to sign up for new credit cards after filing bankruptcy. While all bets are off given the current credit crisis, in recent years the answer to the above question has typically been yes — it was fairly common to hear of clients receiving offers to sign up for […]

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Tags: chapter 13 · chapter 7

Can you file bankruptcy but keep your car or truck?

January 12th, 2009 · No Comments

Yes, in many cases you can. In Rhode Island, you can keep vehicles you own outright up to $12,000 under the state’s “motor vehicle” exemption. Even if your vehicle is worth more, you could potentially hold on to a vehicle valued up to $17,000 by also claiming the state’s $5,000 “wildcard” exemption.
If a creditor has […]

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Tags: RI bankruptcy exemptions · chapter 13 · chapter 7 · rhode island