March 10, 2021
The Consumer Bankruptcy Reform Act is designed to simplify the bankruptcy code. It is designed also to offer more generous protections from creditors. The Act has been proposed primarily by Senator Elizabeth Warren, It has been proposed in response to years of criticism of the infamous Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. […]
February 24, 2021
What is Chapter 10 Bankruptcy? Chapter 10 bankruptcy could soon be a reality. This new bankruptcy chapter will replace Chapter 7 and Chapter 13 bankruptcy under the newly proposed Consumer Bankruptcy Reform Act. If Chapter 10 is adopted, you will be able to file a single Chapter where you can choose to either clear out […]
February 9, 2021
Unemployment and bankruptcy frequently go together. A sudden drop in income can destroy a household budget, making it impossible to make debt payments. Bankruptcy can quickly become the only viable solution for debt problems if a period of unemployment lasts months or even years. Unemployment is the Highest Cause of Bankruptcy In fact, unemployment is […]
January 22, 2021
Can I Use My COVID-19 Stimulus Check to File Bankruptcy? Stimulus checks are being used more and more frequently for filing for bankruptcy. With debts mounting and collection resuming in the courts, people are using the stimulus checks where it can help the most. Bankruptcy can be a powerful way to deal with all debts […]
January 20, 2021
Filing Bankruptcy on COVID-19 Medical Bills Medical bills for a hospital stay can come back in the tens of thousands. A hospital stay for COVID-19 can create large bills that are not always covered fully from insurance or the government. You can, however, file on medical bills related to COVID-19. COVID-19 Medical Bills can be […]
December 22, 2020
Home Office Equipment- Is it Exempt in Bankruptcy? We have had many clients asking about bankruptcy exemptions during the pandemic. During COVID-19, a large number of people were forced to transition to working at a home office. In this process, a large amount of home office equipment was purchased to make it easier to work […]
December 15, 2020
Can my Wages be Garnished in Indiana During COVID-19? We have had a lot of questions about Covid-19 and garnishing wages. Wages can still be garnished in Indiana during the COVID-19 pandemic. This is because there has been no major law change in Indiana to prevent the garnishing of wages. However, in certain situations, you […]
September 30, 2020
What Determines How Many Months are in a Chapter 13 Plan? What exactly determines how much will be the amount of your Chapter 13 payment? Your chapter 13 payment amount is calculated by three factors. These three factors are your income, your assets, and the amount of debt that you are proposing to repay. Your […]
September 21, 2020
Indianapolis Bankruptcy Attorney – Bankruptcy By Phone Bankruptcy by phone can be a wonderful way to speed up the process of getting out of debt. How much of your bankruptcy can be done through phone calls? You would be surprised. A skilled Indianapolis bankruptcy attorney can guide you through much of the process through some […]
September 2, 2020
Motion to Dismiss in Chapter 13 – What does this mean? Are you facing a Motion to Dismiss in Chapter 13? What does it mean? A Motion to Dismiss in Chapter 13 is simply the trustee requesting your case to closed and ended. These Motions are usually filed because the payments on your case are […]
