People in Indiana rely on being able to borrow money to make major purchases and it is important not only for people’s lives but also helps the economy when people take out loans. Having debt is not really a bad thing when people are able to manage it. However, life...
Bankruptcy can provide relief in a variety of different ways. In addition to providing debt relief and a potential fresh financial start, the bankruptcy protection process can also provide immediate relief through the automatic stay which those considering filing for...
Facing burdensome debt can happen to anyone in Indiana. There are a range of reasons as to why this might happen. Perhaps a person suffered an unexpected decline in income or job loss. There could have been a medical concern that required hospitalization and extended...
Hard financial times can befall just about anyone in Indianapolis. All it takes is a job loss, a serious illness, divorce or other major life event that causes you to take on unmanageable debt. You may even find you can no longer make your mortgage payments and are...
Choosing to file for bankruptcy is not an easy decision. But for some people, it is their best option. When you make the choice, you’ll have many questions – what will you be able to keep and what will you have to give up? For those receiving Social Security benefits,...
In 2010, basketball superstar Antoine Walker declared Chapter 7 bankruptcy. This came as a surprise as only two years earlier he reportedly had a fortune worth $108 million. The basketball star has since emerged from bankruptcy and has learned some healthy financial...
Over the past several weeks, many news outlets have reported that the number of bankruptcy filings across the country have fallen sharply in 2021. In fact, according to the data from the U.S. Courts website, a total of 434,540 bankruptcy petitions were filed in the...
The past two years have seen sudden economic turmoil, including job losses, business failures and recession. Whether it has been due to crushing medical debt, a layoff, or unfavorable financing options, many Indiana residents are still struggling to see the light of...
Even with the passage of multiple bills and the revamping of the U.S. healthcare system, millions of us have medical debt, and, for some of us, that debt is crippling. Though for 108,000 of these debtors, they recently had their medical debts paid-off. RIP Medical...
All it takes is one surgical procedure or an unplanned trip to the emergency room in Indianapolis for you to be sacked with a hefty medical bill. After all, insurance may not cover everything, or you may have a high deductible to meet before insurance kicks in. The...
