When you declare bankruptcy, many of your assets may be up for grabs by the court. The difference will depend on whether you file for Chapter 7 or Chapter 13 bankruptcy.
Mike Valles is a freelance writer who contributes articles to The Epoch Times, with a focus on personal finance, retirement planning, and tax-related topics. His articles provide insights and advice for high-income earners, retirees, and individuals navigating complex financial and legal issues, such as long-term care planning, healthcare coverage, and retirement account withdrawals.