Just curious what other would think are the states with the most favorable bk rules?
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BK friendly states?
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i'm gonna say minnesota hasn't been too bad so far, and florida sounds like a horror movie.Filed 7/28/08, Discharged 10/29/08
(filed pro se: nonconsumer no asset CH7)
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Originally posted by soleprop View Posti'm gonna say minnesota hasn't been too bad so far, and florida sounds like a horror movie.
I'm amazed a judge doesn't see what the media (and the rest of us) sees.
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I guess it depends upon your situation. Florida and Texas and I guess a couple of others are actually good if the debtor is a cash poor, but wealthy individual with a 10 million dollar mansion living on a pension which is also exempt.
These same states are bad for poor debtors with a car worth 5k and a few bucks in the bank. Other states have lower home exemptions but higher personal property exemptions.The essence of freedom is the proper limitation of Government
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