Most people in Indiana and Illinois file a Chapter 7 bankruptcy petition with the idea that they will ultimately be able to discharge most of the obligations that are causing them financial headaches. Why, then, would anyone want to consider exempting one or more of these debts from the discharge offered by personal bankruptcy? The answer to this question may surprise some people.
Professional truck drivers must take required drug tests. The consequences of failing a drug test could be discipline in the form of lost driving time and a possible fine. In a twist on the usual tale, an Illinois-based driver has started a class action lawsuit against the maker of a gummy candy that is alleged to have been mislabeled.
When you get behind on your bill payments, you will notice that, all of a sudden, you experience a surge of telephone calls. The callers are either your creditors or agents acting on their behalf, urging you to bring your account current.
The estate planning device known as a "special needs trust" has become the cornerstone of financial and estate planning for families with a special needs child. Many families have used this estate planning tool with great success, but special needs trusts cannot be viewed as "one size fits all" planning tools. Every situation is different, and every special needs trust must be tailored to the individual beneficiary.
One of the most important issues for residents of Northern Indiana who are contemplating a divorce is child support - how much can a non-custodial spouse be expected to pay or how much should a custodial parent expect to receive. The answers can be found in the general statutory language governing child support and in the specific child support guidelines that set the amount of child support based upon the parents' financial situation.