Most people in Indianapolis find having a car to be indispensable in their daily life, especially to get to work to support their families. Given the importance driving has in our society, if you are facing Chapter 7 bankruptcy, one of your major concerns might be...
Helping People Get A Fresh Financial Start to Regain Financial Independence
Will I be able to get another loan after a Chapter 7 bankruptcy?
If you have filed for Chapter 7 bankruptcy in Indiana, you may wonder if you will ever be able to get another loan. The answer is yes, but it will take some time and effort on your part. Here are some tips on how to rebuild your credit and qualify for a loan after a...
Automatic stay an important component of Chapter 7 bankruptcy
Bankruptcy relief under Chapter 7 bankruptcy seeks to provide a debtor with a fresh start. Success, however, requires compliance with two separate aspects of the law: the substantive provisions and the procedural, or timeliness, requirements. After the initial steps...
Filing for Chapter 7 bankruptcy in Indiana
If you have been struggling financially and you have come to the conclusion that your financial situation is not going to get any better, you may have decided that filing for Chapter 7 bankruptcy is your only solution to get you out of the river of debt that is...
What is the tradeoff for filing a Chapter 7 bankruptcy?
Most Chapter 7 bankruptcies end with Indianapolis residents receiving a discharge from most of their debt, including things like credit card debt and overdue medical bills. A Chapter 7 can also discharge an individual from any business debt they may have taken on....
Chapter 7 bankruptcy in Indiana
Your life may have been going along well, your income may have been steady and you and your spouse were able to save money every month that you intended to use many years in the future when you retire. However, at times, life hands you things that you couldn't...
Not all debts are forgiven in a Chapter 7 bankruptcy
If your debt is overwhelming and you are considering filing for bankruptcy, you should know you are not alone. Chapter 7 bankruptcy is the most common form of bankruptcy, with over 10,000 Chapter 7 bankruptcy cases filed in Indiana in 2021, according to the American...
Chapter 7 bankruptcy and its alternatives
Many people who are struggling financially think that declaring bankruptcy means that they have failed somehow. They are looking at it from the wrong angle. Instead, they should consider that bankruptcy is a way to have a new start in life. For individuals, the two...
Excessive holiday spending can cause credit card woes
Whether you braved the crowds on Black Friday or shopped from the comfort of your home on Cyber Monday, it is likely that you spent your fair share of money on holiday gifts and used a credit card to purchase these items. The problem with excessive holiday spending...
Bankruptcy exemptions and the preservation of assets
Rising prices and unexpected expenses can place great financial strain on families throughout Indiana. For many facing financial struggles, bankruptcy can provide relief and a fresh start Bankruptcy offers financial relief When a person files for bankruptcy, a...