July 26, 2023
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
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 […]
April 19, 2023
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 […]
March 8, 2023
I am behind on payments for my house on contract. What are my options? Are you struggling to keep up with payments for your house on contract? Missing payments may seem like the end of the world, but options are still available if you have trouble making the contract’s payments. It’s essential to know your […]
February 22, 2023
Can A Friend or Relative Pay for My Bankruptcy? Filing for bankruptcy can be difficult, and the financial implications of filing can be daunting. If you are considering bankruptcy, you may wonder if someone else can pay for it. Money is usually tight in bankruptcy situations. Also, speed can be very important in stopping foreclosure […]
February 8, 2023
Loan Co-signers vs. Guarantors: What are the Roles and What Happens in Bankruptcy Are you a loan guarantor or co-signer worried about what happens in bankruptcy? It is essential for family and friends to understand their obligations when someone files for bankruptcy protection. Guarantors are only financially responsible when the debtor fails to pay. In […]
January 25, 2023
Asking a Bankruptcy Attorney – Can You Go to Jail for Debt? It’s a common misconception that you can be arrested and sent to jail simply for owing debts. Being sent to jail for debt is a popular myth. It’s illegal in the United States for debt collectors to threaten arrest to collect payment. That […]
January 11, 2023
Subscription Services in Bankruptcy When filing for bankruptcy, it is essential to understand how it will affect your subscription services, such as Netflix, Amazon Prime, Hulu, Ipsy, Birchbox, and HelloFresh. Subscription services have become increasingly popular. After a single click, you can subscribe to various services without giving them much thought. Adding these services may […]
December 28, 2022
How to Survive Chapter 13 Bankruptcy Filing for Chapter 13 bankruptcy is a complicated process, but it can be a lifesaver if you are in financial distress. It allows you to repay your debts while still keeping your assets. But surviving Chapter 13 bankruptcy requires some commitment, dedication, and planning. Here are five tips to […]
December 14, 2022
Bankruptcy and Identity Theft: What You Need to Know It’s a scary thought. Someone out there has your personal information. They are using it to open new accounts, run up debt, and ruin your credit rating. Bankruptcy is a powerful tool for recovering from identity theft. Bankruptcy can completely clean your credit. Bankruptcy can also […]
