Moving forward with a bankruptcy filing is rarely an easy decision and Indiana residents undoubtedly take it seriously. The benefits of a Chapter 7 or Chapter 13 bankruptcy are many. People can get into a better financial situation and clear onerous debts to get a...

Many people dream of getting a college degree from one of Indiana’s many fine universities, but this education comes at a steep price in the form of high tuition rates, housing, books and other fees. This means people may incur tens or even hundreds of thousands in...

The economic wave of 2020 crashed in bankruptcy court. According to the American Bankruptcy Institute (ABI), more than 17,000 Indiana residents filed under one of the three more common chapters: 7, 11, and 13. Indiana law, however, affords some protection for those...

Most people in Indiana view bankruptcy as a means for discharging their obligations to creditors and escaping what may be a suffocating mountain of debt. Unfortunately, not all debts can be discharged in bankruptcy. An understanding of the most common nondischargeable...

Over the past year or two, we have seen the news reports on the expected tsunami of bankruptcy filings that we will experience soon. Indeed, economists across the country and world thought that the economic turmoil over this time would cause a bankruptcy surge, the so...

Medical debt can be debilitating which is why consumers struggling with it should be familiar with the bankruptcy options that may be able to help. Medical debt can be eliminated in bankruptcy and different personal bankruptcy protection options may help. Eliminating...

Many individuals understand they are facing overwhelming debt and continue to avoid bankruptcy because they are concerned about what the process might do to their credit rating. While a bankruptcy can impact your score, you are likely doing more damage to it by...

It is a fact that filing for Chapter 7 or Chapter 13 bankruptcy will affect your credit score. A Chapter 7 filing will stay on your credit report for ten years, while a Chapter 13 filing lasts on your record for seven years. During those years, it can be more...

Many people in Indiana are driven into bankruptcy by one factor: repeated collection activity by creditors. Some creditors can be reasonable in dealing with people who owe them money, but many can be rude, relentless and disrespectful. The federal Bankruptcy Code has...

When an individual’s finances begin spiraling out of control, one of the most recognizable stressors is the unending efforts of debt collectors. Whether they are sending letters, calling or firing off emails, these debt collectors will often harass debtors while...