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Cash
in Oklahoma
Chapter
7 Bankruptcy
Is
cash a protected under the bankruptcy?
Cash
itself is usually not exempt. However, most of your current wages or
earnings are protected to an extent. Therefore money in your pocket or in an
account may be mostly exempt to the extent that it is covered by the
wage/earnings exemption. Also ask your attorney about the possibility of what is
called a "wild-card" exemption which some states have which
will protect misc. property up to a certain dollar amount.
Oklahoma does not have a wildcard exemption.
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