Remove category financial-institutions
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Indiana Increased Bankruptcy Exemptions in 2022. Here’s How it Affects You.

Sawin & Shea

Indiana allows debtors to exempt assets when filing for bankruptcy up to a certain monetary amount, and that amount recently increased. In this blog, we’ll share the details regarding this exemption increase, the different exemption categories, and how these exemptions impact Chapter 7 and Chapter 13 bankruptcy.

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Bankruptcy Court Must Defer to Arbitration for Noncore Claims

ABI

American Bankruptcy Institute Law Review Staff. . In In re McPherson , a Maryland bankruptcy court held that when a prepetition contract contains an arbitration clause, the bankruptcy court must defer to the arbitration as to the prepetition noncore claims. [1] John’s University School of Law.

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Debt Collection Now and Post-Covid

Nexa Collect

A national and, at the same time, a global recession has been caused, not by financial crises, but rather by an unexpectedly devastating health issue. A report released by the Consumer Financial Protection Bureau placed the number of reported payments on credit card accounts at 40% in 2020. In 2013, it was at 88%.