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Bankruptcy Blog

The Homestead Exemption Cap

Bankruptcy law sets a maximum dollar amount of protection for your recently-bought home, but this really applies to only a few states...

The Maximum IRA Exemption

Most pensions and other retirement funds are "exempt"--completely protected when you file bankruptcy. But there's an exemption cap for IRAs...

New Thresholds for a “Luxury” Purchase or Cash Advance to Be Presumed Fraudulent

Creditors will be a little less likely to challenge the writing off of recent uses of credit...

Upcoming Increase in Federal Property Exemptions

The federal exemptions are nudging up about 3%. But that only matters if you are allowed to use them, and are higher than your state ones...

More New Bankruptcy Dollar Amounts Effective Soon

Here are the rest of the important changes affecting Chapter 7 and Chapter 13 bankruptcy cases filed on or after April 1, 2016...

New Bankruptcy Dollar Amounts Effective April 1, 2016

Every 3 years many of the dollar amounts in the bankruptcy statutes are adjusted for inflation. Here's a summary of the important changes...
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