Welcome To The MN Bankruptcy Blog

Inside you will find over 500 helpful articles discussing the Chapter 7 & 13 Bankruptcy Process and other solutions for difficult financial situations.

 

      How Much Is Too Much Money in a Bank Account During Bankruptcy in MN?

      Posted by Kelsey Quarberg on March 11

      In Minnesota, there's a specific limit on how much money you can keep in your bank account during Chapter 7 bankruptcy. This limit is known as the cash exemption. If you have more than the exemption, you may need to surrender the excess to the bankruptcy trustee.

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