Bankruptcy

Bankruptcy and the Consolidated Appropriations Act of 2021

This entry was posted in Bankruptcy on March 5, 2021 by Brad Council

The past year has been a difficult time for many thanks to the COVID-19 pandemic. Life as we know it changed. Businesses were closed which left many out of work and concern for how financial obligations were going to be paid. There have been some recent amendments to the Title […]

Supreme Court Rules that Heirs Lose IRAs in Bankruptcy Court

This entry was posted in Bankruptcy Creditors Rights on June 27, 2014 by Randy Slovin

Inherited IRAs are not exempt in Chapter 7 bankruptcy During bankruptcy, the assets of the debtor are placed in a bankruptcy estate, which is used to pay back creditors. In order to allow for the debtor to have a fresh start with the ability to provide for his or her […]