Category Archives: Bankruptcy

Chapter 13 Bankruptcy Attorney Dayton Ohio

Bankruptcy Attorney

Chapter 13 Bankruptcy Attorney Dayton Ohio Finding the best chapter 13 bankruptcy attorney in Dayton Ohio for your needs is critical to your financial recovery. Richard West Law office is the number one chapter 13 bankruptcy attorney in Dayton Ohio for good reason. More families trust their 3 to 5 year chapter 13 plan to […]

Will Trustee Take Recovery Rebate Stimulus Payment in Bankruptcy

Will Trustee Take Recovery Rebate Stimulus Payment in Bankruptcy?

Will the trustee take my recovery rebate stimulus payment in bankruptcy? The trustee will not take your recovery rebate stimulus payment in bankruptcy, according to the most recent announcement from the government. You can keep your stimulus (in almost all cases) (Finally, some GOOD NEWS amidst all the problems caused by Coronavirus!) When filing for […]

Retirement Accounts and Bankruptcy

Retirement Accounts and Bankruptcy

Under the bankruptcy law, whether you use the state or federal exemptions, many types of tax-exempt retirement accounts are exempt in bankruptcy. IRA’s, profit sharing and money purchase plans are all exempt. Roth and traditional IRAs the exemption is limited to $1 million per person. This amount is adjusted every four years. Exempt What they mean by […]

Should you File Chapter 7 or Chapter 13 Bankruptcy?

Bankruptcy Attorney

Before considering bankruptcy, you should discuss your particular situation with a qualified bankruptcy attorney. Some of the questions you should be asking yourself are how much your income is and what your future goals and earning power is. Chapter 7 Bankruptcy Chapter 7 bankruptcy is often called the liquidation bankruptcy. This type of bankruptcy eliminates […]