The new pandemic relief law includes some helpful changes to bankruptcy law, including some protection of the $600 economic impact payments.
If you bought your home within 3 years and 3 months ago, bankruptcy law creates a maximum amount of homestead that you can exempt.
Here is a summary of the changes. They apply only to new bankruptcy cases filed starting April 1.
If you're filing a "straight bankruptcy" case, how do you keep your income tax refund?
Bankruptcy law allows married couples to file bankruptcy separately or together. That option comes with consequences, which can also effect whether you file under Chapter 7 or 13.
Bankruptcy can protect your car or truck. Both Chapter 7 and 13 can, but which do you need?
In bankruptcy you hear a lot about "the trustee." What does this person do, in a "straight" Chapter 7 case, and in an "adjustment of debts" Chapter 13 one?
In deciding between Chapter 7 and 13, get this question out of the way right away: "Can I keep everything I own if I file a Chapter 7 case?"