There are several protections in bankruptcy, particularly in North Carolina, that allow people to keep their entire settlement from various legal and administrative proceedings. This includes all Social Security benefits, Worker's Compensation, and Personal Injury awards, regardless of the amount. This is because such amounts are meant to help provide for the injured or disabled person for the future and not for their past creditors.
By Ed Boltz, 2 August, 2019
A drawing of the cuneiform transcription of a debt cancellation (amargi law) by Enmetena , ruler of the Sumerian city-state of Lagash, c. 2400 BC, basically the first known bankruptcy discharge. (Original in the Louvre.) By Lynn Yost.
By Ed Boltz, 25 July, 2019
Just stumbled on this while looking into the HAVEN Act which is likely to pass both the House and Senate and would exclude Veterans disability from the Means Test just like Social Security, as there are other retirement benefits that mirror those and are protected from creditors outside of bankruptcy.
By Ed Boltz, 9 July, 2019
By Ed Boltz, 30 May, 2019
After several years in development by the North Carolina Bar Association Bankruptcy Section,
By Ed Boltz, 28 May, 2019
Recent studies have shown that more and more baby boomers and seniors are filing bankruptcy
By Ed Boltz, 13 February, 2019
by Edward Boltz
By Ed Boltz, 2 August, 2016
http://www.sandiegouniontribune.com/news/2016/aug/01/do-debt-management-plans-work/
By Ed Boltz, 12 March, 2015
Bankruptcy Lawyers Cheer White House Focus on Student Debt
- By KATY STECH
President Barack Obama signs a Student Aid Bill of Rights in the Oval Office of the White House in Washington, D.C., March 10, 2015.European Pressphoto Agency
The White House is exploring whether to make it easier for Americans to get rid of
By Ed Boltz, 26 January, 2015
Out of a hesitation that anything written here would fall short and do a disservice to his memory, I will leave words of remembrance and mourning for others who knew Randy Doub better as a judge, an attorney and as man.