For many people, credit cards have benefits. They are convenient to use, accepted in a wide variety of stores in the U.S., and some people use them to earn points or other credit card rewards, which can be significant. If the credit card is not paid in full each...
Put More Than 50
Years Of Bankruptcy
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Put More Than 50 Years Of Bankruptcy Experience To Work For You
Classification of debt can alter what Chapter 7 can discharge
Chapter 7 is an important form of personal bankruptcy. It permits individuals to discharge some of their debts through the process of liquidation. Whether a debt can be discharged through Chapter 7 bankruptcy can depend on its classification as secured or unsecured....
How do bankruptcy exemptions work?
One fear Indianapolis residents might have about filing for bankruptcy is that they will have to turn over all of their property for sale so that they can pay their debts. While it is possible that someone who files for Chapter 7 bankruptcy may have to surrender some...
Choosing between Chapter 7 and Chapter 13 bankruptcy
Deciding whether to file for bankruptcy in Indiana is not an easy choice to make. Before you make your decision, you should know that there are two types of bankruptcy available to individuals: Chapter 7 and Chapter 13. Each type has its own pros and cons, but...
Attempting to get your finances in order in the new year
As a new year is well underway, many people in Indiana have resolved to get their finances in order this year. That is a laudable goal indeed, and a recent news article pointed to a few tips that might be useful for those who are making financial moves. Financial tips...
How the automatic stay protects consumers in bankruptcy
Personal bankruptcy options provide a number of different protections to filing parties. One of those protections is the automatic stay that immediately goes into effect once the filing party files for bankruptcy protection. The protections offered by the automatic...
What is the meeting of creditors?
The only time most people who file bankruptcy will have to be in court is for the meeting of creditors. This meeting, also known as the 341 meeting, often will not even take place in a courtroom, and it does not involve a judge. According to the U.S. Courts, the...
If I file for bankruptcy, will I lose my house?
If you are considering filing for bankruptcy, you will have many questions. Will bankruptcy offer you relief from your debt? Will you lose everything in the process? With many people today relying on their home as the space where they work, where their children learn...
Are you eligible for Chapter 7 bankruptcy relief?
The loss of a job, unexpected illness and any other number of factors may contribute to you falling behind on your financial obligations. If faced with overwhelming debt, you may consider debt relief options such as filing for Chapter 7 bankruptcy relief. To qualify...
How much will it cost you to file Chapter 7 bankruptcy?
One of the greatest ironies in life is that filing for bankruptcy actually costs money. This is why it is so important to tackle bankruptcy issues as soon as possible before it spirals too far out of control to rein in with legal means. Exactly how much does...
