http://mycreditdebt.org Debt and Credit Blog and Resource Center Mon, 09 Jan 2012 23:54:35 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://mycreditdebt.org/what-all-is-proteced-in-bankruptcy-in-tx-if-you-are-being-sued-how-much-cash-can-you-keep-after-bankruptcy.php http://mycreditdebt.org/what-all-is-proteced-in-bankruptcy-in-tx-if-you-are-being-sued-how-much-cash-can-you-keep-after-bankruptcy.php#comments Fri, 18 Dec 2009 12:33:14 +0000 admin http://mycreditdebt.org/what-all-is-proteced-in-bankruptcy-in-tx-if-you-are-being-sued-how-much-cash-can-you-keep-after-bankruptcy.php My family, along with their company, is being sued for nearly $2M. We, along with the company, will have to file for bankruptcy. Does bankruptcy protect some of our cash to live on, and what assets do courts typically expect to be sold off to pay the lawsuit assuming all other debts are paid?

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