Helping People Get A Fresh Financial Start to Regain Financial Independence
Helping People Get A Fresh Financial Start to Regain Financial Independence
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...
If, despite your best efforts, you have long struggled to manage your debts, you may feel ready to file bankruptcy. Yet, even if filing makes financial sense, you may hesitate to proceed if you fear the prospect of surrendering your assets. Among the assets you are...
The economic fallout from the ongoing health crisis has touched every corner of the United States. However, even in a reeling nation, Indiana stands out in one measure of one economic hardship – personal bankruptcies. Organizations monitoring the amount of people...
With rising medical costs, high unemployment and other economic consequences for middle- and low-income families, it’s not surprising that thousands of people file for bankruptcy every year. The more puzzling question is why more people don’t. Fewer than 1% of...
