I have some money market accounts - prob only 2-3,000$ max. Do people close those before bankruptcy so as not to lose them? How does that work? I don't want to do anything fraudulent and am fine with using it for bills - just thought it would be nice to set aside to start an emergency savings. Also, what about kids savings accounts?
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Have you looked up your state's exemptions to see if you might be able to protect those accounts?You can't have your cake and eat it too. But you can dip your finger in the bowl and lick the icing
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How do I do that? (sorry, I don't know anything about any of this) I live in Illinois and someone posted a link here once about income for something and we were under so I don't know if that is the same thing or not?Originally posted by krielly View Post
ETA: I would really hate to not be able to as they are the ONE thing I have done right.Last edited by marcie26; 03-13-2008, 09:33 AM.Comment
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This link might help
just google illinois bankruptcy exemptions
Filed Ch 7 2/21/08
Discharged 6/5/08!!!!
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