July 6, 2016
If you are about to file bankruptcy, there are many mistakes you should avoid before filing. Although it is impossible to describe every mistake in this article, we will discuss some of the biggest mistakes to avoid here. Remember, bankruptcy filings should always be done through attorney representation. Even if you read this […]
June 8, 2016
In Indiana, we receive a lot of questions about Inheritance and Bankruptcy. Many of our clients have asked, “Can I lose my upcoming inheritance if I file for bankruptcy?” The answer to this questions can sometimes be “Yes.” Therefore, it is very important to understand WHEN you can lose your inheritance if you file for […]
May 25, 2016
Our office, like some other Indianapolis bankruptcy offices, offers payment plans. Essentially, we try to work with everybody to help them get out of debt. If you are considering bankruptcy around Indianapolis, you may want to know a few things about bankruptcy payment plans. Bankruptcy Payment Plans for Indianapolis Chapter 7 Cases If you want […]
May 10, 2016
Our Indiana clients frequently ask the same questions about Chapter 7: “Will I lose my House?” The answer to this is usually “NO.” You will not lose your house usually if you file for Chapter 7. This is because your residence, to a certain degree in Indiana, is protected by Indiana’s bankruptcy exemptions. […]
March 28, 2016
WHAT DO I DO IF THE BANKRUPTCY TRUSTEE WANTS MY TAX REFUND? It is very common for the Chapter 7 bankruptcy trustee to take your tax refund in Indianapolis, Indiana. Because there is only a very limited exemption to protect tax refunds in Indiana, one year of tax refunds are very commonly taken to pay […]
December 23, 2015
What Are Bankruptcy Exemptions? What Does “Exemption” Mean? Bankruptcy “exemptions” can be a confusing concept if you have never been exposed to the bankruptcy process. Many debtors have fears about bankruptcy exemptions, but many times there is nothing to fear. Bankruptcy exemptions also vary from state to state, adding further confusion to the subject. Bankruptcy exemptions […]
September 17, 2015
This article compares the benefits of Chapter 7 bankruptcy in Indiana versus Chapter 13 bankruptcy. Both Chapter 7 and Chapter 13 can be a cost effective and powerful solution to your debt problems if you live in Indiana. Let’s discuss the differences between the two. Chapter 7 Bankruptcy in Indiana The most common bankruptcy remedy […]
September 3, 2015
10 STEPS TO A FRESH START CHAPTER 7 BANKRUPTCY TIME LINE – We many times are asked for a breakdown of how a Chapter 7 bankruptcy works in simple steps. Below are the 10 steps that you will be required to take in order to receive your fresh start. Remember, we make it easy! For […]
August 31, 2015
Can Bankruptcy Affect my Business? Filing Chapter 7 May Not Affect Your Business If you file for Chapter 7 bankruptcy, it may not necessarily affect your business. A personal bankruptcy is designed to eliminate your personal liability for your debts. Bankruptcy many times will not affect your business: a few examples below, however, will show […]
August 20, 2015
Rare Reasons Why a Chapter 7 Bankruptcy Case Can Be Dismissed Rare Chapter 7 Bankruptcy Dismissals – When it comes to dismissals and bankruptcy, the general rule is that Chapter 7 cases are rarely dismissed but Chapter 13’s are very commonly dismissed. Bankruptcies can be dismissed for various reasons -some good and some bad. Let’s […]
