Expert bankruptcy lawyers are constantly on alert for any opportunities to plan in advance of a bankruptcy petition to allow debtors to take full advantage of the legal system of exemptions that protect property in a bankruptcy case. It is possible to arrange or rearrange a debtor’s property in ways that let the debtor take full advantage of available exemptions in order to keep as much property as possible.

This is a legal process that is much the same as the planning that CPA’s and tax lawyers engage in to protect your income and property from taxes. Pre-bankruptcy Planning should be done with an expert bankruptcy lawyer.