January 13, 2026
Chapter 13 is a powerful tool for reorganizing debt. Can Chapter 13 stop high student loan payments? Generally, the answer is yes. Chapter 13 can be a powerful tool for either stopping or suspending high student loans payments. Chapter 13 Consolidates Debt Payments The purpose of Chapter 13 is to consolidate (put into one payment) […]
December 16, 2025
With millions of Gen Z adults entering into the job market and adult financial life, Gen Z bankruptcies have been on the rise. Gen Z bankruptcies had risen by 17% in just the back in of the first two quarters of 2024. This sudden shift in Gen Z filings leaves people wondering the causes behind […]
October 27, 2021
Will There Be a Post COVID-19 Bankruptcy Boom? The average U.S. household debt loads are now higher than ever in the past. The COVID-19 pandemic has also created mass economic disruption. Jobs have been lost and interrupted. Mortgage defaults are higher than any time in the last 10 years. A post COVID-19 bankruptcy boom could […]
September 1, 2021
Indiana COVID-19 unemployment payments are currently scheduled to stop when the federal program ends in September 2021. Will the payments really stop or will they continue? It all depends on whether more Federal aid is extended by Congress. An extension of aid, however, appears unlikely. The $300 Extra Indiana COVID-19 Unemployment Stops in September Currently, […]
January 22, 2020
Elizabeth Warren’s Proposals The last major reform to the bankruptcy code was in 2005. With Elizabeth Warren now in the political limelight, she is calling for radical bankruptcy laws changes. Will the bankruptcy law change soon? A look into the history of the 2005 law change and Elizabeth Warren’s proposal may shed some light […]
January 16, 2020
The “Trojan Horse” 2005 Bankruptcy Reform Act is Creating Election Controversy The 2005 Bankruptcy Reform Act is creating some controversy in the upcoming election. A renewed feud over the validity of the act between democratic candidates Elizabeth Warren and Joe Biden appears to be building. Was the 2005 law change truly a Trojan […]
July 31, 2019
From Former Glory Years to Student Loan Collapse ITT Tech was once a well-respected technical training school that orignated in 1969. The headquaters was in Carmel, Indiana. By the 1980’s and 1990’s, ITT Technical Institute was synonomous with high-quality, no-nonsense education. Both young students right out of high school and older adult students would flock […]
February 26, 2019
As you may have heard, USA gymnastics has filed for Chapter 11 bankruptcy relief in the Indiana Southern District for bankruptcy. This filing which occurred in early December 2018 is certainly high-profile Indianapolis bankruptcy news. Recently a deadline of April 26, 2019 has been solidified so far for filing claims in the case. USA Gymnastics: […]
February 21, 2019
Since there are new tax laws, many people will find themselves receiving a smaller tax refund this year. Due to the new tax law change, people will receive an average of a 15% drop in their total tax refund. This may sound confusing because in actuality the total amount of tax that most people must […]
February 19, 2019
Why Are Car Loan Defaults Rising? Car loan defaults are rising and are now higher than ever. The numbers are staggering. They even exceed the peak of car default that occurred before the 2008 financial crisis. What is causing this new rate of default and what can we expect in the future? Bad Car Loans […]
