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New Bankruptcy Legal Questions & Answers

If my elderly father just received his life insurance payouts and he is in the process of filing bankruptcy, can the payout money be taken by creditors?

the proceeds of life insurance are protected in Indiana but I would need more …

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Redman Ludwig, P.C. answered 4 months ago

How much money is it possible to have if I am filing a Chapter 7 bankruptcy?

The exemption for money in the bank in Arizona is only $150.  However, that …

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Russell & Brady, PLLC answered 8 months ago

How will an inheritance effect my bankruptcy?

Any money you already inherited from your father is an asset like any other. …

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Russell & Brady, PLLC answered 9 months ago

If a file a Chapter 13 and my wife is on a loan, does she need to file as well?

Since it is a Chapter 13, and if it is a secured debt that …

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Lynn Osborne answered 11 months ago

If I have 3 cars worth $1500, when I file Chapter 7 will they take the cars?

That depends on what exemptions you have available under applicable law and what the …

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Mark J. Markus, Law Offices Of answered 1 year ago

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