Indianapolis residents who have unsecured debts that they cannot pay often look to Chapter 7 bankruptcy as a way to gain a financial fresh start. Although it may seem as if virtually anyone can file for a Chapter 7 bankruptcy, that's not the case. There are some...
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Why young adults have more medical debt than older ones
It might seem reasonable to assume that people in their 50s and early 60s have the largest amount of medical debt. They're at the age where their bodies are starting to give out, but they aren't yet old enough to qualify for Medicare. However, according to one study...
Build better credit this summer
Now that the weather is finally warming up, there’s no shortage of people trying to work off the pounds they gained over the winter. Getting healthy is always a good idea, but why not also put some energy into getting your credit score healthy this season?...
Will student loan debt become easier to discharge in bankruptcy?
Student loan debt has been notoriously difficult to discharge in bankruptcy. They typically have to show that repaying it would cause them "undue hardship." However, a report just released by the American Bankruptcy Institute's (ABI) Commission on Consumer Bankruptcy...
Can you discharge your tax debt in Chapter 7 bankruptcy?
As Tax Day nears, it seems like a good time to look at whether tax debts can be discharged if you file for bankruptcy. It's possible to discharge it if you file for Chapter 7 bankruptcy, but a number of criteria need to be met. The debt must be associated with a tax...
The 10 U.S. cities with the most credit card debt
Credit card debt is a national problem. The Federal Reserve reports that the total U.S. credit card debt reached more than $1 trillion in 2018. A snowballing credit card bill can quickly overwhelm you. It can seem like you will never get out from underneath it....
How to eliminate medical debt
Were you injured in an accident? Were you diagnosed with an illness? Either way, you will incur a lot of bills that could turn into debt if you are unable to pay them. Medical debt is not good to have, yet thousands of people in Indiana deal with this type of debt...
The surprising reason most Americans declare bankruptcy
When you hear the word ‘bankruptcy’, you probably think of credit card debt. It is true that many people fall victim to taking out multiple credit cards and misusing them as if they were extensions of their actual income. Bankruptcy in general affects...
Overwhelmed by Student Loans? 4 Steps to Find Relief in Bankruptcy
Student loans are a growing problem for many young Americans. With an average student loan debt load of $37,172 in 2017, ballooning debts often become unsustainable and prevent graduates from doing many normal life activities - even starting a family, buying a home,...
3 Signs You Should File for Chapter 7 Bankruptcy
After juggling bills and stressing over finances, you might be considering bankruptcy. For someone who is overwhelmed with debt, bankruptcy can be an ideal option. However, even that process can be overwhelming. For example, you could be unsure of whether you should...


