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Minnesota Assets Form

Minnesota Assets Form

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hi I'm Dave Kelly my law office is here in minaka Minnesota I'm near St Louis Park Golden Valley right on the border also Plymouth is across the street and this is the second in my series of short videos about bankruptcy and on this one I want to talk about how do you claim your assets as exempt in a Chapter 7 bankruptcy um the theory of a Chapter 7 bankruptcy is that when you file the bankruptcy at that moment all of your assets belong to the bankruptcy trustee my goal however is to make the bankruptcy trustee give you back all your assets because they're all exempt and the way we do this is by claiming then claiming the assets as example and the thing you need to remember and understand about a bankruptcy in Minnesota is that you've got a choice between two different lists that you can use for claiming your assets as exempt you got to claim either the state exemption list or the federal exemption list now the federal exemption list is my favorite becau

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