When you are struggling with finances and considering bankruptcy, you may be concerned about how a bankruptcy filing will impact your job and career. Filing for bankruptcy does not have the same stigma it once did and is often viewed as a smart financial strategy....
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Protection from harassment by debt collectors
If you have ever been contacted by a creditor or a collection agency, you know the sinking feeling they can give you. In particularly bad cases, these debt collection efforts can cross the line into harassment. You can feel helpless in these situations, but you do...
Steps for getting ready to file for bankruptcy in Indiana
Bankruptcy is a legal process that provides relief from debt when you're unable to meet your financial obligations. However, preparing to file for bankruptcy involves several essential steps that you should understand to ensure you approach this significant decision...
Debt collectors’ limits after you file for bankruptcy
Filing for personal bankruptcy in Indiana can provide significant relief from overwhelming debt. However, it’s important to understand what debt collectors are no longer allowed to do once you’ve filed for bankruptcy. Harassing you Debt collectors cannot harass you....
Counseling requirements during bankruptcy
Deciding to file for bankruptcy is a major decision that should not be made lightly. Because of this, there are some requirements you must complete. Pre-bankruptcy counseling must be completed before you can file for bankruptcy and a debtor education course must be...
Discharging student loan debt in bankruptcy
Filing for personal bankruptcy can be a good way to get out from under crushing debt, but some types of debt are more difficult to discharge than others. Student loan debt can be especially difficult to escape, but it can be done. The student loan mess Increasingly,...
How bankruptcy can help you save your house and car
People who are struggling with debt may be reluctant to file for bankruptcy because they cannot fathom the possibility of losing their home or vehicle. However, it is possible for many people who file for bankruptcy to keep both their house and their car. Bankruptcy...
Bankruptcy and your credit score
Personal bankruptcy can give you a fresh start on your finances, but it comes with some costs. One of these costs is damage to your credit score. A low credit score can limit your ability to borrow money once you have completed the bankruptcy process, and that can...
4 tips for rebuilding your credit post-bankruptcy
Bankruptcy is a valuable tool for helping relieve the burden of overwhelming debt, but it does come with downsides. While the idea that it completely and irreversibly destroys your credit is a misconception, filing for bankruptcy does affect your credit score for a...
Must you have a certain amount of debt to file bankruptcy?
A job loss, medical problems, failing commercial venture or other unexpected event can cause your bills to mount up. If the burden becomes so great that you cannot cover your debts, you may be thinking about bankruptcy. This option can provide relief from relentless...