After months of legal wrangling in a number of Kentucky counties that stretched effectively into 2016, bankruptcy had claimed all the things aside from Lebowski Fest, which Russell was allowed to keep beneath an exemption.
You cannot discharge all debts in bankruptcy. Some of the commonest debts that you just can’t get rid of in bankruptcy are money owed from child or spousal support, most scholar loans, most tax money owed, wages you owe individuals who worked for you, damages for private injury you brought on when driving while intoxicated, money owed to government businesses for fines or penalties, and more. In many cases, Chapter thirteen bankruptcy can cease foreclosures thanks to the protection of the automatic stay and the possibility to repay mortgage debts at an inexpensive rate. Bankruptcy is ruled by federal law, so it’s the identical from state to state. But each state may have completely different … Read more