What assets are exempt from liquidation?

Each case must be examined by a trusted legal professional before this question can be answered, however, in many cases, all of your assets will be exempt from liquidation.  There are often other options available to help a debtor rid themselves of financial burdens so that they can keep their homes, cars, and other valuable property.  If you are facing bankruptcy, the best thing you can do is to contact a lawyer who specializes in this field of law.

If you would like to know more about asset liquidation and bankruptcy options, please contact the Cedar Rapids bankruptcy lawyers of Hong Law, PLC today at (319) 294-5853.