Washington State Bankruptcy Exemptions in 2023

This is an important blog post to read for anyone worried about their assets being seized in a Chapter 7 bankruptcy filing. First, Governor Inslee signed the Fair Shot Act into law. This law beefs up the exemption amounts of Washington state residents [note: you must have been domiciled in Washington for the two years prior to the filing of your case]. Second, please read this post and make a note of what’s relevant to your situation. If you have any questions or concerns, definitely reach out to me for a free consultation.