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    *Required Disclosures: The Bankruptcy Firm is a debt relief agency, helping individuals to file for relief under the Bankruptcy Code. This website is intended to provide general information and is not intended to serve as legal advice regarding specific factual situations. Information should not be acted upon without personal legal advice. Neither viewing the information on our site, nor sending us an e-mail establishes an attorney-client relationship.

     

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    Why Turnips Don't Need to File

    January 1, 2013

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    E. Kent Winward

     

    There is the cliche -- "You can't get blood out of a turnip."  Yet as with most cliches, there is some truth.  Before you file bankruptcy, you need to ask yourself -- Am I a Turnip? Here is the test:

     

    1.  Do I have any non-exempt assets?

    2.  Do I have anythi...

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