July 27, 2016
Can you surrender your car when you file for bankruptcy? The answer is “Yes.” You can surrender vehicles during bankruptcy. Surrendering your car or truck during bankruptcy can greatly assist in your total economic recovery. Let’s talk about how and why you would surrender your vehicle during bankruptcy. In Chapter 7 bankruptcy, you must […]
July 20, 2016
Credit offers after filing for bankruptcy? Yes, you will likely receive several credit offers after filing for Chapter 7 bankruptcy. Recently, one of our clients volunteered the above photograph of how many automobile credit offers he received after filing for bankruptcy. He quickly trashed them thereafter! Credit offers surprisingly do come right after […]
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 […]
