Whitehouse, TX asked in Bankruptcy for Texas

Q: Chap.7 TX Bankruptcy I'm filing pro-se. All debt is credit cards.

When listing creditors there are boxes for "contingent" & "unliquidated". How does this apply to credit card debt? What is the exemption statute for "cash on hand"?

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1 Lawyer Answer
Timothy Denison
Timothy Denison
Answered
  • Bankruptcy Lawyer
  • Louisville, KY

A: Most all credit cards with be non-contingent and liquidated, so those probably don’t impact you. The wildcard exemption statute and amount depends on whether you’re using Tx state exemptions or federal exemptions.

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