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Legal Helpers Tip: Should your jurisdiction be Pennsylvania, your Pennsylvania bankruptcy lawyers will advise you that your state has its own exemption statutes. These define what property or limits on property value you may protect from inclusion in the liquidation requirement of Chapter 7 bankruptcy regulations. They will also tell you that, depending on your particular situation, you may choose to follow federal bankruptcy exemption regulations or your state statutes, whichever are more beneficial to you. In Pennsylvania you will have a wide selection of eminently qualified bankruptcy attorneys to help you navigate the bankruptcy process.
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