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SCOTUS rules post-discharge collection actions may result in civil contempt

Brian Hockett June 7, 2019
U.S. Supreme Court

The U.S. Supreme Court’s holding in Taggart should remind creditors to closely examine a discharge before taking any actions to collect an obligation that might have been discharged in a bankruptcy case. READ MORE

U.S. Supreme Court’s decision in Clark won’t impact inherited IRAs of Missouri residents

David Warfield June 17, 2014

A debtor may shield from collection by creditors assets that the debtor holds in Individual Retirement Account (IRA). However, as more IRA owners die with substantial assets remaining in their accounts, a new question has arisen: Can a debtor exempt an IRA that she inherited from someone other than her spouse? READ MORE