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True residence consists of your house and also the land it sits on. There are actually both equally federal and state exemptions. Some states allow filers to choose between the federal and state exemptions, but Virginia has opted out with the federal exemptions. This suggests Virginians filing for bankruptcy must make use of the Virginia bankruptcy

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Actual house involves your own home plus the land it sits on. You can find the two federal and point out exemptions. Some states allow for filers to choose between the federal and state exemptions, but Virginia has opted out from the federal exemptions. This means Virginians filing for bankruptcy really have to utilize the Virginia bankruptcy exemp

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