Indianapolis Indiana Bankruptcy Law Blog
What are Indiana lawmakers doing about surprise medical bills?
Have you ever received a medical bill that was greater than you expected? If so, you may be the victim of a surprise medical bill. These occur when you need a treatment or test that is not available in your network, or you receive treatment at an in-network facility...
How is debt handled during a chapter 7 bankruptcy?
Filing for bankruptcy is usually a difficult decision that takes a lot of consideration beforehand. While there is a negative stigma associated with filing for bankruptcy, the truth is that for many people it offers the financial relief necessary to continue...
Bankruptcy as a means of relief and a way to move forward
Indiana residents experiencing financial hardship may hesitate to seek relief because of common myths about bankruptcy. Many mistakenly believe that the process means they will never receive another loan or credit card. While it remains on record for up to 10 years,...
Felony charges stem from man’s Chapter 7 bankruptcy case
For many of those people in Indianapolis who are struggling with debt, bankruptcy protection brings welcomed relief from the collection efforts that were driving them further and further into a financial hole. In their cases, bankruptcy marks the only legitimate...
What are the Chapter 13 qualifications?
If you are an individual with heavy debt who does not qualify for a consolidation loan, filing Chapter 13 bankruptcy may be a good choice for you. It works similarly to a consolidation loan in that you make only one payment a month. Your bankruptcy trustee then...
Nearly half of U.S. residents suffer hardship due to medical debt
An alarming number of Americans find themselves struggling because of increasing medical debts. Approximately 137 million U.S. citizens experienced financial hardship during 2019 due to high out-of-pocket expenses. As reported by CNBC, medical expenses contributed to...
Health concerns and addressing medical debt
Debt is very difficult for anyone to deal with, regardless of the unique challenges they face. We know that for some people, debt is particularly tough to take on for certain reasons. For example, some are in the middle of career upheaval, a tough divorce or some...
Reviewing the advantages of Chapter 13
Our law office knows that there are many options to choose from when it comes to filing for bankruptcy. Each approach is ideal in different situations, but in this blog, we will look at some of the advantages of Chapter 13. For starters, we know that some people are...
Can I buy a home after bankruptcy
Many individuals who file for bankruptcy wonder if they will ever be able to qualify for a mortgage. Although bankruptcy does result in a significant credit score impact, purchasing a home is often possible within a few years after filing. Learn more about the rules...
Could cancer lead to Chapter 7?
Most people do not end up filing bankruptcy in Indiana unless they have a situation that puts strain on their finances. The trigger can be anything. However, there is one issue that you may face that could put you into serious financial trouble and lead to you having...
