Filing for bankruptcy can leave a person feeling emotionally drained, struggling with feelings of embarrassment, hopelessness and feelings of failure. But the economic climate over the past decade or so has left millions people in terrible financial situations â€“ through … Continue reading → The post Steps to Take After Bankruptcy appeared first on Arizona Bankruptcy Laws.
When a personÂ files for bankruptcy, any retirement accounts (IRA) they have areÂ exempt from that action. Â However, theÂ U.S. Supreme Court recently ruled that inherited IRAs are not protected in bankruptcy filings. In the case before the Court, a mother had established … Continue reading → The post Supreme Court Rules Inherited IRAs Not Exempt in Bankruptcy appeared first on Arizona Bankruptcy Laws.
If you are considering filing forÂ bankruptcy, do notÂ make the mistake of hidingÂ assets in order to avoid losing these assets to creditors. If the trustee that is assigned to your case discovers any of theÂ following activity, it could jeopardize your bankruptcy. … Continue reading → The post Things to Avoid Before Bankruptcy Filing appeared first on Arizona Bankruptcy Laws.