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...

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...

For many homeowners in Indiana and around the country, making hard choices is a daily struggle. When it comes to deciding between paying the mortgage or putting food on the table, however, providing for the family’s immediate needs is the priority. But over time,...

If a person is injured or is sick and needs medical care, he or she can incur expensive medical bills. While he or she should be focused on healing, instead they may be worried about how to pay these expenses. Medical bankruptcy Statistics indicate that many...

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...

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,...

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...