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Credit cards, medical bills, and personalloans make up most unsecured debt that bankruptcy can eliminate. Studentloans, child support, recent taxes, and court fines must be paid in full. This type of bankruptcy often eliminates credit card debt, medical bills, and personalloans.
This may include: Pension, retirement, or IRA accounts Police and firefighter pension fund Public employee retirement Indiana State Teachers’ Retirement fund benefits These are just a few of the exemptions that Indiana state bankruptcy laws allow you to protect if you are filing for Chapter 7 bankruptcy and facing assetliquidation.
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