January 17, 2024
Work Tools in Bankruptcy – Protect Them
Can you keep your work tools in bankruptcy? Yes, work tools in bankruptcy – you can protect them in Chapter 7. However, it is important to analyze the value of your work tools versus your state’s available “exemption.” Exemptions Let You Keep Work Stuff in Bankruptcy Exemptions will usually protect your work tools through a […]
September 27, 2023
Zoom Bankruptcy Meeting
Zoom Bankruptcy Meeting of Creditor Under Section 341 Zoom is emerging as the new standard for use in bankruptcy filings. Zoom bankruptcy meeting of creditors will now be standard for all Chapter 7 and Chapter 13 cases. Almost all bankruptcy meeting of creditors in the past were held in-person. Previously, these bankruptcy meetings were held […]
July 26, 2023
CAN I KEEP MY ATV IN CHAPTER 7...
ATV and Bankruptcy If you’re an ATV owner considering filing for Chapter 7 bankruptcy in Indiana, you might wonder whether you can keep your vehicle. The good news is that in most cases, an ATV is considered a protected asset in bankruptcy and can be kept by the debtor when filing bankruptcy. Chapter 7 bankruptcy […]
July 12, 2023
Why More Hoosiers are Filing Chapter 13 Bankruptcy
In recent years, there has been an increase in the number of Hoosiers filing for Chapter 13 bankruptcy. This increase can be attributed to various factors. One factor is simply the easy repayment structure offered by Chapter 13. Other times, Indiana residents are now forced to file Chapter 13 due to having too much equity […]
June 28, 2023
Eviction Cases Not Disappearing After Bankruptcy
Sometimes eviction cases do not disappear after filing for bankruptcy. Although bankruptcy is supposed to clear your credit, eviction cases can sometimes still be seen by landlords when you go to rent a new place. It usually depends on how the company researches your past. Some Landlords Do Not Count Evictions After Bankruptcy Depending on […]
June 14, 2023
Why Debt Consolidation Companies Are a Scam
Is Debt Consolidation a Scam? Debt consolidation companies claim to help people pay off their debts while maintaining their credit score. Sounds too good to be true, right? That’s because it is. Debt consolidation companies often use deceptive practices to lure in people who are struggling financially and looking for a way out. Instead, they […]
June 1, 2023
Crypto Currency in Bankruptcy
Do I Have to List Crypto Currency in Bankruptcy? Cryptocurrency has become an increasingly popular and profitable investment over the past few years. However, with the rise in popularity comes the question of what happens to these assets in bankruptcy. Listing cryptocurrency in bankruptcy is relatively new. There is confusion and misinformation surrounding it. In […]
May 17, 2023
Pets and Bankruptcy
Why Do I Have to List My Pets on the Bankruptcy Petition? Do not be worried. You will almost certainly not lose your pets during bankruptcy. The next question then comes. Why, then must I even list my pets on the bankruptcy petition? After all, pets are not a property that can be sold to […]
May 3, 2023
Stop Wage Garnishment with Bankruptcy
Can bankruptcy stop wage garnishment? Having your wages garnished can be a stressful and overwhelming experience. It can feel like there’s no end in sight. Creditors keep taking a portion of your paycheck every time you get paid. If you’re struggling with wage garnishment, bankruptcy might solve your problems. In 2023, wage garnishments are likely […]
April 19, 2023
Bankruptcy Cases in Indiana See Sharp Increase in...
Bankruptcy cases have risen across the United States, and Indiana is no exception. In the first two months of 2023, Indiana saw a nearly 20 percent increase in bankruptcy cases, leaving many residents wondering what drives this trend and what it means for their finances. The graph below illustrates the increase in bankruptcy cases in […]
