The probate and estate administration process requires a thorough financial review. The personal representative overseeing estate administration assesses financial statements, reads incoming mail, communicates with interested parties and uses estate resources to pay...
Will an inheritance become part of the bankruptcy process?
In Indiana bankruptcy cases, inheritances are not automatically off-limits just because they come from family or arrive unexpectedly. The rules determine whether the money or property is treated as part of the assets available to pay creditors. What happens to an...
How long is a Chapter 13 bankruptcy repayment plan?
Chapter 7 bankruptcy is the fastest path to discharge available. However, not everyone actually qualifies for Chapter 7 bankruptcy. Some people have high enough income that they cannot pass the means test. For others, the inability to exempt all of their property...
