If you have been struggling financially and you have come to the conclusion that your financial situation is not going to get any better, you may have decided that filing for Chapter 7 bankruptcy is your only solution to get you out of the river of debt that is...
When deciding to file bankruptcy in Indiana, you may choose a Chapter 13 bankruptcy for various reasons. Unlike a Chapter 7 bankruptcy, which eliminates all your qualifying debts, a Chapter 13 bankruptcy allows you to pay your debts off over 3 to 5 years through a...
Most Chapter 7 bankruptcies end with Indianapolis residents receiving a discharge from most of their debt, including things like credit card debt and overdue medical bills. A Chapter 7 can also discharge an individual from any business debt they may have taken on....
Your life may have been going along well, your income may have been steady and you and your spouse were able to save money every month that you intended to use many years in the future when you retire. However, at times, life hands you things that you couldn't...
If your debt is overwhelming and you are considering filing for bankruptcy, you should know you are not alone. Chapter 7 bankruptcy is the most common form of bankruptcy, with over 10,000 Chapter 7 bankruptcy cases filed in Indiana in 2021, according to the American...
Indiana residents who are facing overwhelming debt and dealing with the daily stress and fear that they will lose everything might not know where to turn. Making the monthly payments could be impossible and they are often thinking about whether they will lose their...
When some people deal with financial uncertainty and the prospect of bankruptcy, they believe they should give away as much property as possible. After all, if it is just going to be sold to pay off credit cards, it is better to give it away to family and friends,...
Many people who are struggling financially think that declaring bankruptcy means that they have failed somehow. They are looking at it from the wrong angle. Instead, they should consider that bankruptcy is a way to have a new start in life. For individuals, the two...
Medical debt is a major problem for many Indiana residents. Even just a night or two in the hospital or an ambulance ride can result in huge bills that you do not have the money to pay. If you’ve had ongoing treatment, your medical bills can pile up quickly, with...
Whether you braved the crowds on Black Friday or shopped from the comfort of your home on Cyber Monday, it is likely that you spent your fair share of money on holiday gifts and used a credit card to purchase these items. The problem with excessive holiday spending...
