Many people in Indiana go through periods in their lives in which they struggle with debt. With some hard work, some sacrifices and some luck -- and perhaps some help from debt relief professionals -- they may get their financial houses in order and put the hard times...
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How does medical debt affect my credit?
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...
Filing bankruptcy to discharge medical debt
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...
How can the automatic stay help during bankruptcy?
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...
Finding debt relief solutions in Indiana
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...
New bill addresses problem of student loans and bankruptcy
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...
Bankruptcy exemptions in Indiana include public employee pensions
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...
Bankruptcy filings have plunged
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...
How different bankruptcy options may help with medical debt
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...
Life after bankruptcy: Rebuilding your credit score
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...


