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Bankruptcy Attorneys in Indianapolis Since 1980

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Archives for November 2014

Debtor Responsible for Accuracy of Bankruptcy Filing Regardless of Legal Advice

November 25, 2014 By TomScottLaw

#3 of 8 in Series — Previous Article #2: Debtor in Bankruptcy Must Disclose All Assets and Liabilities or Risk Severe Penalties In the vast majority of consumer cases, assets are easily identifiable and can be listed and valued on schedules A and B with limited investigation. However, one asset that may be both difficult […]

Filed Under: Chapter 13, Property & Asset Protection

Debtor in Bankruptcy Must Disclose All Assets and Liabilities or Risk Severe Penalties

November 13, 2014 By TomScottLaw

#2 of 8 in Series — Previous Article #1: What Constitutes Property of the Estate in Chapter 13 Bankruptcy and What are the Consequences of Failing to Amend the Schedules? Debtor Has Duty to Disclose All Assets and Liabilities at Start of Bankruptcy Case Regardless of whether an asset is property of the estate or […]

Filed Under: Chapter 13, Property & Asset Protection

What Constitutes Property of the Estate in Chapter 13 Bankruptcy and What are the Consequences of Failing to Amend the Schedules?

November 3, 2014 By TomScottLaw

Property of the Estate in Bankruptcy

#1 of 8 in Series Property of the Estate in Bankruptcy: Difference between Chapter 7 and Chapter 13 The goal of any chapter of bankruptcy is to try and settle debt with creditors. The difference between chapters 7 and 13 is how creditors go about looking for money. Ch13 is a wage-earner plan, in that […]

Filed Under: Chapter 13, Property & Asset Protection Tagged With: 401k, Individual Retirement Account, IRA, PERF, Property of the Estate

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