Indianapolis, IN asked in Bankruptcy for Indiana

Q: What is the bankruptcy exemption code in Indiana for contingent assets toward a class action law suit?

This is contingent as the debtor is the named plaintiff in a class action lawsuit that is pending.

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2 Lawyer Answers
Eric M Wiechert
Eric M Wiechert
Answered
  • Bankruptcy Lawyer
  • Ladysmith, WI

A: Check with an attorney admitted in Indiana. Exemption issues can get fairly complex.

The National Association of Consumer Bankruptcy Attorneys (NACBA) has a useful lawyer finder.

[There is exemption information for Indiana at the link below.

See http://www.legalconsumer.com/bankruptcy/bankruptcy-law.php?&ST=IN#exempt... ]

Mr Jeffrey D Heck
Mr Jeffrey D Heck
Answered
  • Bankruptcy Lawyer
  • Carmel, IN
  • Licensed in Indiana

A: No special classification for that. It will be treated as $350 cash exemption.

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