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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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Can I Protect My Home and Personal Property in Bankruptcy?

Sawin & Shea

In Indiana, a debtor filing for Chapter 7 bankruptcy can protect up to $19,300 per person in residential real estate or mobile home. The other main category of exemptions is called intangible assets. Seek the advice of a bankruptcy attorney who can help you use Indiana exemptions successfully.

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What Debts Are Not Discharged in Bankruptcy?

Sawin & Shea

Since punitive damages are associated with intentional wrongdoing or misconduct, they usually fall under this category of nondischargeable debts. Sawin & Shea: Experienced Indiana Bankruptcy Attorneys Laws around bankruptcy are complex and are constantly changing.

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Consumer Debt vs. Non Consumer Debt

Sawin & Shea

You may have noticed that we didn’t list student loans in the consumer and non-consumer categories. If you’re considering filing, take the guesswork out of the process by contacting the Indiana bankruptcy lawyers at Sawin & Shea, LLC. Are Student Loans Consumer or Non-Consumer Debts? The post Consumer Debt vs.

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Am I Too Old to File for Bankruptcy?

Sawin & Shea

Many senior citizens fall under the category of “judgment proof,” meaning they don’t have enough assets that creditors can seize. Call Indiana Bankruptcy Lawyers. When Should I for Bankruptcy? Although bankruptcy is the best option for some when it comes to overcoming debt, it’s certainly not the best option for everyone.

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How to Get a Car Loan

Better Credit Blog

According to Experian’s report, State of the Automotive Finance Market, Q2 2020 , all potential borrowers belong to one of the categories below. The Minimum Credit Score for Buying A Car. Credit Score Range. Superprime. Deep subprime. Lenders generally offer car loans to borrowers in the prime range or higher.

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Client Alert: SCOTUS Rules on Vaccine Mandate – OSHA’s Mandate Stricken; CMS Mandate Upheld

Fraser

Requiring the vaccination of 84 million Americans, selected simply because they work for employers with more than 100 employees, certainly falls in the latter category.” While this is not necessarily a final rule, it is almost impossible to foresee any difference in an outcome.

Lawyers 52