Bankruptcy discussions that don't fit in existing subcategories 12,979 96,609 Chapter 7 by justbroke 11-03-2024, 09:01 AM Unemployment Unemployment/underemployment is the leading cause for filing bankruptcy 156 2,038 Question $33k unemployment overpayment discharged? by justbroke 02-19-2023...
Exemptions are important, but there is much more to know before you pursue a successful Chapter 7 bankruptcy filing. If you are considering filing for Chapter 7 or Chapter 13 bankruptcy protection in Kentucky, please reach out to Bunch & Brock first. Our experienced lawyers provide valuable advic...
While Chapter 7 involves liquidating non-exempt assets, debtors can keep certain exempt assets which vary by state. These exemptions ensure that debtors can maintain a basic standard of living post-bankruptcy. Plus, unlike Chapter 13 bankruptcy which requires a repayment plan, Chapter 7 does not i...
Bankruptcy Code or the Kentucky exemptions primarily found in KRS Chapter 427. You must be consistent and choose one method of exemptions; you can’t pick and choose. So, in other words, you can’t use the Kentucky exemptions for homestead but the federal exemptions for personal property. ...
The article examines whether the remedial nature of the Bankruptcy Code is threatened to be overshadowed by narrow interpretations of the tax exemptions under Chapter 11 bankruptcy protection in the U.S. in 2003. Several sample court cases on the issue are discussed, as well as the issues' ...