Divorce and bankruptcy can significantly impact each other, especially when both occur simultaneously. Understanding how Chapter 7 bankruptcy affects divorce proceedings in Indiana is necessary for anyone facing these challenging circumstances. Asset division in...
Helping People Get A Fresh Financial Start to Regain Financial Independence
Results for “”
Filing for Chapter 7 bankruptcy can give you your life back
Filing for Chapter 7 bankruptcy can give you your life back in many ways. This type of bankruptcy can be a fresh start of sorts, as it allows you to eliminate most unsecured debts, such as credit card bills, medical bills and personal loans. By doing so, it can offer...
Navigating job searches after filing for Chapter 7 bankruptcy
Filing for Chapter 7 bankruptcy in Indiana can feel like a fresh start financially. But it might also raise concerns if you're seeking employment. There are some key insights and strategies to help you navigate the job market after bankruptcy. Understanding employer...
Can you file for bankruptcy if you make good money in Indiana?
Bankruptcy can help people dealing with various types of situations. One misconception is that only people with low incomes can file. What about those who make good money? In Indiana, individuals with higher incomes can still seek relief, whether through Chapter 7 or...
Does chapter 7 bankruptcy discharge child support?
When facing financial hardship in Indiana, individuals may consider filing for bankruptcy as a means to alleviate debt. However, there is a common misconception regarding whether or not Chapter 7 bankruptcy can discharge child support. While considering this type of...
Are tax debts dischargeable under chapter 7 bankruptcy?
The American Bankruptcy Institute reported that in 2022, of the 13,076 bankruptcy cases filed in Indiana, 7,833 were for Chapter 7. Navigating the complexities of bankruptcy can be a daunting task, especially when it comes to tax debt. Individuals seeking financial...
Can you keep your home if you file Chapter 7 in Indiana?
When facing financial challenges, individuals may explore relief options like Chapter 7 bankruptcy. In this situation, you may have questions about whether you can keep your home if you file for bankruptcy. Understanding the Indiana Chapter 7 laws can help you make an...
Why working with debt consolidation companies is risky
Considering debt consolidation as a solution to manage financial challenges is common. However, entrusting this task to a debt consolidation company comes with inherent risks. Understanding these risks is important for individuals seeking to address their debts...
Can you keep your car if you declare Chapter 7 bankruptcy?
Chapter 7 bankruptcy can help you discharge unsecured debts like credit cards and medical bills. This process can sometimes lead to the liquidation of your personal property, including valuable assets like your vehicle. By carefully planning ahead, it is possible to...
What debts are nondischargeable in bankruptcy?
Filing for bankruptcy could be a stressful process. It could involve a series of procedures, such as filing a bankruptcy petition with the court. All these steps are necessary to organize and resolve debts or repayments. A vital part of this process is determining...