As the owner of his own Law Office of Dennis Jay Sargent Jr, PLLC, Sargent works as a bankruptcy attorney with a keen eye toward how bankruptcy can make things fair between those with completely different backgrounds and incomes. In the following pieces, Sargent writes about the ins and outs of different bankruptcy chapters, and whose situation they fit best.
When juggling chapter 7 vs. chapter 13 bankruptcy options, Sargent explains that what’s at issue is speed vs. maintaining certain assets depending on the state.
Sargent lays out the bankruptcy provision of exemptions for property owners looking at the possibility of filing for chapter 7.
Interestingly, Sargent shows, bankruptcy is one of those rare legal institutions that makes no distinction between socioeconomic standing.