What are the bankruptcy exemptions, in Indiana, under the NEW law?
959810
The homestead exemption and tangible personal property exemptions both increased in Indiana.  Also, under the new law, the EIC portion of tax refunds are now exempt.  Check out the site below.  It has a link to the section of the Indiana Code regarding bankruptcy exemptions.\n\nGood luck!  Of course, if you are considering filing, you should definitely contact an attorney.
344728
I helped my girlfriend file a year ago and it was relativly simple.  I've since learned that the laws were changed (and few people know because Iraq/Elections/Missing Persons were the only national headlines.  It' supposed to be exceedingly difficult now, especially if you have any assets that most people would consider protected. \n\nI'll see if I can find some more.\n\n\nMore: "WASHINGTON - The most sweeping rewrite of the U.S. Bankruptcy Code in a quarter- century, making it harder for debtors to erase credit card and other obligations in court proceedings, goes into effect Oct. 17.\n\nAmong the changes made by the new law:\n\n* It sets up a new test for measuring a debtor's ability to repay. People with insufficient assets or income can still file a Chapter 7 bankruptcy, which if approved by a judge erases debts entirely after certain assets are forfeited. But those with income above their state's median income who can pay at least $6,000 over five years - $100 a month - will be forced into Chapter 13, under which a judge orders a repayment plan.\n\nIn calculating income, people filing for bankruptcy may deduct various expenses as defined by the Internal Revenue Service, including food and clothing, and some health and disability insurance expenses.\n\n* People seeking bankruptcy protection are required to take credit counseling courses within 180 days of filing.\n\n* It gives priority to a spouse's claims for child support among creditors' claims on a debtor in bankruptcy.\n\n* The law allows for special accommodations for active-duty service members, low-income veterans and those with serious medical conditions in the new income test for bankruptcy applicants.\n\n* The law supersedes the unlimited homestead exemptions in states including Florida, Iowa, Kansas, South Dakota and Texas that allow wealthy people to file for bankruptcy and keep their mansions sheltered from creditors. The law limits the exemption to $125,000 if the person in bankruptcy bought his or her residence less than three years and four months before filing.\n\n* It also requires billing statements for credit card accounts to include an example of how long it would take to pay off a balance at a specific interest rate if only minimum payments are made.\n\nThe law also makes it tougher for businesses that file for bankruptcy protection:\n\n* The law limits the exclusivity period, the 18-month span during which a company in Chapter 11 has the sole right to propose a reorganization plan. Debtor companies are no longer given unlimited extensions of the exclusivity period.\n\n* It limits the ability of companies to give lucrative pay packages as a way of retaining top executives.\n\n* Companies must decide within 210 days, or seven months whether they will keep or relinquish leases on property.\n\n* Creditors can seek to have a Chapter 7 liquidation filing dismissed or converted to a debt reorganization plan under Chapter 11. "\n\n\nBest of Luck,\n\nArmus
634210
united states (indiana)
1048813
There is no reason for child support to be tied up in Indiana bankruptcy court.  I work for both bankruptcy attorneys and family law attorneys.  Your ex cannot discharge (get out of) paying child support arrearage through the bankruptcy court, and  child support ordered are not subject to stays (stopping) during the bankruptcy process.  Is he paying support currently?  Email me at topofthehillfarm@yahoo.com if you want to.  Good Luck.
1025797
http://en.wikipedia.org/wiki/Homestead_exemption
323408
A debt canceled in bankruptcy is generally not a taxable event.  There are four types of exclusions from income.  Publication 906 will give you the details.  You can get it on-line (IRS.gov Publications), through the mail or at your local IRS office.\n\nYou might want to see a tax preparer - one that knows about bankruptcy.\n\nIs box 6 X'd on your 1099C? If not, and you are sure it was discharged by the Bankruptcy Court you need to contact the issuer for a corrected form.
951403
I have not seen the documents you recieved,and therefore, I can't tell exactly what's going on here.  You did not give sufficient detail.  \n\nWas this a summons from a bankruptcy court?  If so, its possible that the bankruptcy court is notifying  you, as a co-debtor (NOT co bankrupt debtor) that there is property to which you may have an equitable interest, that is subject to the bankruptcy estate.  \n\nIf this is a house that your sister was in joint tenancy on, the laws protecting the house from the bankruptcy estate will vary depending on your state.  You must IMMEDIATELY consult with a qualified bankruptcy attorney.  DO NOT consult with a bankruptcy software program, or with a site advertised here.  Also, do not consult with your sister's bankruptcy attorney.  He/she does not represent your interests, he/she represents your sister's interests.\n\nFor a referral to a bankruptcy attorney in  your state, contact your local or state bar association.
439198
First Internet Bank of Indiana (www.firstib.com), They don't use Chexsystems, they do however run your credit.  I was able to open an account even with a bankruptcy...
1053039
The new rules for chapter 7 bankruptcy effect approximately 3% of the population.\n\n#1 You will now have to attend a counseling session before filing\n#2 You will have to attend a financial management course after you file\n#3 You will also need to provide more documents to your attorney to file for bankruptcy.\n\nThe previous answer is totally invalid. I hope you know that. There is no debt to pay back after chapter 7. And in less than two years I raised my scores into the mid 600's. It's business as usuall and I am able to qualify for a home mortgage, a car or most credit cards if I choose.\n\nThere are scores of attorneys out there who love doing bankruptcies because it's gravy work for them. You should find someone suitable for about $500. Filing fees should still be under $300. I actually filed my own bankruptcy with the help of a legal aid office for $550, lock,stock & barrell.\n\nIf you do hire an attorney, He needs to sit down with you for an hour and fill out the paper work with you. That his job. He knows how to fill in the blanks. The reason I say this, an attorney I sought out handed me the papers to fill out and sent me home.\nI had so many questions I was stymied. I sought out another attorney. He asked me to bring all account information to his office. We sat down and he filled out the paperwork as he was asking the questions.
1094156
contact your state .f.b.i.   office on this matter they can tell you the lawsdiffer from state to state . this is fact on tis matter....
316853
No my quick search failed to turn up an state specific statute on rent increase. So it must be covered by common law.\nIn common Law once your lease runs the Landlord is free to set a new price at whatever he wants(Unless your lease agreement had an option to renew).\n\nI would recommend getting an attorney with specific experience in Indiana property law for this -- there might be some fact specific cause of action.
855279
The laws differ from state to state, your attorney could give you more details.  I know in my state, you're not allowed to keep recreational vehicles or sporting goods or personal computers.  The court can order those sold and the money from them applied to your debts.\n\nYou are allowed to keep a certain amount of exemptions in the form of household goods and personal items (clothing, etc.) and usually one car.  If you owe money on the car or if there are any credit cards or such you want to keep, you can reaffirm the debt.  They're still listed in the bankruptcy, but stated that you're keeping them and going to continue making the payments on them.  You can usually keep your house, unless you own some huge house that's beyond your means.  \n\nThe new bankruptcy laws have made it so anyone filing bankruptcy on credit card debt who are capable of paying up to $200 a month or so are required to file chapter 13 and go on a payment schedule.  You can no longer just wipe out credit card debts with a chapter 7 bankruptcy.
647921
Yes, you can file for bankruptcy.\nYou will still have to pay the court judgment and according to the new bankruptcy laws probably all of your other debt but it might stop some interest charges and late payment fees.\n\nYou should consult an attorney obviously I do not know what state you live in and the details of your case.
922268
There are loads and loads of penalties under bankruptcy law, both federal and state, as well as under various criminal code sections relating to bankruptcy.  There is, however a section under federal law (Title 18, Section 157) that is actually called "Bankruptcy Fraud."  Under this section, the maximum jail time is 5 years.  Here is the link to it:\n\nhttp://www.law.cornell.edu/uscode/html/uscode18/usc_sec_18_00000157----000-.html
208930
It depends on how your 'Community Property' laws in your state work.\nYou might want to retain a financial lawyer, or at least hunt around for a decent one experienced with financial matters.\nI would suggest you keep your finances separate, too. Stuff only in your name and such.\nOn a side note...even if it is illegal, creditors will say anything and everything to get money out of you. \nIf they've already discharged the bankruptcy, creditors cannot bother you anymore unless you fail to pay on agreed terms setup in the bankruptcy. We only had a couple of issues with creditors, but, as soon as you say it was discharged and give them the doc-number,they'll usually leave you alone.
1087331
probably not. bankruptcy needs seasoning in order for you to be eligible to get another refinance or mortgage. if its within the past year then it's too soon.
662752
I can't stand you people who are giving horrible advice. If you file suit against someone and they file bankruptcy, you are still able to collect. Judgments are non dischargeable when filing Bankruptcy. Any court order form of payments are nondischargeable. You get a judgment and record it with the clerk/state, it is vaild for 10 years and if the defendant receives any money or assets you can place a lien on them. Also, if you get a judgment you and your attorney can file a citation to discover assets to get your settlement. They will then need to sell any assets they own (up to a certain amount) to satisfy your judgment.\n\nDo not take the first amount the insurance company offers you. You can get more. Even without an attorney you need to ask for things other things like gas that was in your car, if you had new tires, they usually will pay the tax on a new car up to the value of your old car, the title and license. You can accept the check from you insuance company and then sue her and her insuance for reimbursement. Your insurance will put a lien on the amount you recover usually 2/3s of what they paid out. Don't give your insurance company any information that will incriminate you. You can tell them you are seeking counsel and will be intouch with them about it.\n\nIf you are moving out of state, you need to make sure that you are able to go back to the county that you are moving from because you need to file suit in either the county you lived when this happened, county it happened in or the county that she live in. (assuming they are all different)