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Finding Indiana bankruptcy lawyers is easy as thumbing through a
phonebook. But qualifying the best attorneys for representation in
Chapter 7 and claiming Indiana bankruptcy exemptions deserves more
attention. Because of recent new federal laws, preemption of Indiana
bankruptcy laws now creates potential conflicts when qualifying for
Chapter 7 under the new disposable income test, and claiming exempt
property. The Indiana bankruptcy court must follow these new laws, and
implement the new means testing requirement. The impact upon the state
Property Code and allowable exemption limits should be discussed with a
local attorney or law firm that is acutely aware of the ramifications of
these amendments.
See also: Indiana Homestead Exemption.
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