No, you don’t lose all your property when filing for bankruptcy. In Illinois, you can keep significant amounts of property, such as $15,000 in real estate, $24,000 in an auto, and $4,000 in miscellaneous items. Additionally, you can retain 100% of workers’ compensation benefits and more. Attorney David Siegel will help you determine if any of your property is at risk and guide you in choosing the best chapter to protect your assets. Contact him today for a consultation.
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