Bankruptcy Petition Preparers. Should you hire one? Let’s face it. Folks with financial problems aren’t exactly flush with cash. So it’s tempting to cut corners in purchasing legal advice and to opt for the services of a bankruptcy petition preparer. But as with most things, you get what you pay for. Preparers really can’t–at [...]
united states bankruptcy court
When you file bankruptcy, you might think you’ll have a trial in a courtroom with a judge ruling on whether you can discharge your debts. Clients in my Charleston, South Carolina bankruptcy practice often have that misconception of the bankruptcy process. It makes sense to think of a judge in a courtroom because that’s how [...]
In bankruptcy, an Individual Retirement Account (IRA) is usually protected from creditors. But a controversy has been brewing over protection for an IRA when it is inherited from another person. This should not be controversial and the 8th Circuit‘s Bankruptcy Appellate Panel (BAP) doesn’t think it’s that complicated either. When you establish an IRA, you [...]
