Most people know that unpaid debt goes on our credit after 30 days of nonpayment. Of course, some creditors may take way longer to report unpaid balances, but they can begin reporting late payments at 30 days. However, beginning this summer, those of us with medical...
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Bankruptcy: The statistics and the personal stories
The law often refers to certain bankruptcy cases as "personal bankruptcy" to distinguish them from business bankruptcy, but there's another sense in which the name makes sense. Behind each personal bankruptcy case is a very personal story. This personal aspect...
What happens when you don’t pay your credit card bill?
Almost every Indianapolis area resident has at least one credit card. In fact, it is estimated that most people have at least 4 credit cards. Although these credit cards are usually paid off each month, there are situations where you may not be able to make the...