Monthly Archives: June 2011

ARE INHERITED IRA FUNDS EXEMPT IN BANKRUPTCY?

ARE INHERITED IRA FUNDS EXEMPT IN BANKRUPTCY? If someone makes you a beneficiary of their IRA, are those funds exempt from claims by a Trustee or creditor. The Bankruptcy Court for the Western District of Wisconsin in the case of … Continue reading

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SAME SEX JOINT BANKRUPTCY FILINGS

SAME SEX JOINT BANKRUPTCY FILINGS Well, it had to come up sooner or later. A husband and wife may file a joint petition in bankruptcy, but, two persons who are not married may not file a joint bankruptcy. This issue … Continue reading

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CHAPTER 11 BANKRUPTCY AND MONTHLY REPORTS

CHAPTER 11 BANKRUPTCY AND MONTHLY REPORTS One of the most important duties of a Chapter 11 Bankruptcy debtor is the duty to file monthly reports. The purpose of the monthly report is to show the creditors and the court what … Continue reading

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CHAPTER 11 AND INSURANCE REQUIREMENTS

CHAPTER 11 AND INSURANCE REQUIREMENTS One of the many things you have to do when you file a Chapter 11 Bankruptcy is file a form showing that you have proper insurance. If you own a car, you must have liability … Continue reading

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WHY DOES A CHAPTER 11 BANRUPTCY COST SO MUCH?

WHY DOES A CHAPTER 11 BANRUPTCY COST SO MUCH If you are thinking about filing a Chapter 11 bankruptcy, the first thing you need to understand is that filing a Chapter 11 Bankruptcy Case costs a lot of money. Chapter … Continue reading

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WHAT IS A CHAPTER 11 BANKRUPTCY?

WHAT IS A CHAPTER 11 BANKRUPTCY? A chapter 11 bankruptcy is a type of reorganization case where a debtor is trying to reorganize finances. For many years, only businesses filed Chapter 11 Bankruptcies, but, that has changed in recent years. … Continue reading

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