Helping People Get A Fresh Financial Start to Regain Financial Independence
Helping People Get A Fresh Financial Start to Regain Financial Independence
When residents of Indiana contemplate bankruptcy, they usually look forward to the cancellation or restructuring of a large part of their financial load. To the surprise of many debtors, the Bankruptcy Code contains a provision that allows the debtor to reaffirm the...
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...
Bankruptcy is intended to prevent the seizure of some assets. But federal courts have been inconsistent on whether creditors must immediately return repossessed or impounded property when the owner files for bankruptcy. The U.S. Supreme Court is considering an appeal...
Many people in the Indianapolis area have run into financial trouble at least once in their life. A person may accumulate too much credit card debt or medical debt because of a lost job or an unexpected accident or illness. Crushing debt can be a stressful situation...
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...
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...
Life isn't easy for many Hoosiers right now. Over the last few months, countless people in Indiana have had to file for state and federal unemployment benefits. And for many, that source of income is the only thing keeping them above water. Unfortunately, those who...
One of the many events delayed by Covid-19 this year was Tax Day. Normally due April 15, the filing deadline was pushed to July 15, which has since come and gone. But millions of Americans requested an extension, moving their due date to October 15. If you are feeling...
There’s no debating the fact that 2020 has been a very difficult year for most Americans. Although there have been numerous social and political problems, to be sure, the most far-reaching hardship was brought by the Coronavirus pandemic. Covid-19 shut down much of...
If you feel like you’re in over your head in credit card debt, you’re certainly not alone. According to the Federal Reserve, Americans owe roughly $1.08 trillion in revolving debt. Getting yourself into overwhelming credit card debt is all too easy, but digging...
