If you live in Illinois and get hurt while working, you have the right to make a claim for those injuries through the Workers Compensation system. If you go through the process, many times, your claim will be enough to pay your medical bills, plus
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Archives for Court Rulings
Arizona Bankruptcy Court- You Can Keep an Inherited IRA- Don’t Listen to the Supremes!
When people file for bankruptcy protection, they are allowed to protect, or “exempt” certain property. What can be protected (and what rules are used to protect the assets) depends on which state the debtor lives in. Back in 2014, the US Supreme Court ruled, in
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Illinois Bankruptcy Court: You Can Give up your Car in a Chapter 13 Case, Even if you can’t Deliver it
A Judge in the US Bankruptcy Court for the Northern District of Illinois just ruled that you don’t have to give back a car to “surrender” it in a Chapter 13 Plan. Let’s look at the facts: A person finances a car at 24.99% interest, and
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Court to Mortgage Companies- File Claims on Time to Get Paid in Bankruptcy Cases!
Normally, for consumer bankruptcy lawyers and their clients, things proceed pretty smoothly. And, the how the cases go through the system are predictable. Congress only seems to pay attention to bankruptcy about every 10 years or so. And, major court decisions don’t usually get appealed
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Supreme Court Ruling Puts Inherited IRAs at Risk in Bankruptcy
The general rule in bankruptcy is that people can protect their IRAs and retirement accounts. In June of 2014, the US Supreme Court ruled, in the Clark v. Rameker case, that some retirement accounts are not protected. The Court ruled that inherited IRAs are not
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