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Veteran Disability Benefits Now Protected from Bankruptcy

  In August 2019, President Trump signed legislation that protects veterans’ disability benefits from being seized by creditors during bankruptcy proceedings. The sponsor of the bill commented that by protecting these benefits from creditors during bankruptcy, it is possible to help veterans and their families get back on their feet after financial hardships. This article takes a brief look at these recent changes as well as offers some helpful bankruptcy advice for veterans. The Impact o[...]

How are  Chapter 13 Bankruptcy Payments Calculated?

Beginning the Chapter 13 bankruptcy process often results in people experiencing many emotions concerning fear about what lies ahead. One of the best ways to reduce the negative feelings that you feel about the bankruptcy process is to learn as much as you can about it ahead of time. The following answers one of the most common questions that people ask about the bankruptcy process, which is how courts determine repayment plans for Chapter 13 bankruptcy. The Importance of Repayment Lengths Rep[...]

Supreme Court Issues Decisions About Bankruptcy Discharge Violations

In 2019, the Supreme Court issued a unanimous opinion establishing the standard that courts must follow to hold a creditor in civil contempt for violation of a bankruptcy discharge. Arriving at its decision, the Supreme Court rejected both the subjective and strict liability standards. As a result, courts are now permitted to hold a creditor in contempt for violating a discharge order only when there are no fair grounds of doubt as to whether the creditor’s conduct during discharge is lawful. [...]