Homestead exemption in ohio -bankruptcy?

Question

I am getting ready to see a lawyer about filing for bankruptcy and I heard from somebody that the exemption for your home is going up from $5,000 to 20,200. Does anyone know if this is true? If so, when does it take effect?

Answer 1

Be careful! Make sure you seek help from a trusted expert in the bankruptcy field. You don't want to make a mistake that can ruin your credit for years to come. Try calling a Ohio bankruptcy lawyer to make sure you understand the options. http://www.bankruptcylawyersite.com/Ohio...