Lawrenceburg Indiana Bankruptcy and Estate Planning Blog
Important reasons to have a will before you die
If you are like many Indiana residents, you might not have given much thought to your estate planning. Whether you think your estate is not large enough to bother or you have decided you are too young to think about creating a will, you may feel that such matters are...
Does bankruptcy stop harassing creditor calls?
Many Indiana residents and people across the nation struggle with overwhelming credit card debt, medical expenses and mortgages. It is difficult to find your way out of financial turmoil, especially when you can barely make the minimum payments needed to stay afloat....
How can I design my budget?
Chapter 13 bankruptcy is a good option for people with a large amount of debt but with high enough income to adhere to a repayment plan as ordered by the court. When making your payments, budgeting is crucial to make sure you continue to pay down your debts to keep up...
How are trusts structured?
One of the most versatile tools you have at your disposal when creating your estate plan in Indiana is a trust. Kiplinger explains a trust is an agreement where a trustee agrees to manage assets for you in the way you direct him or her to do so. Trusts are quite...
Medical debt and bankruptcy in the United States
While filing for bankruptcy in Indiana is a great way for consumers to shed overwhelming debt and find peace about their financial future, one way to avoid future problems is to identify where the debt started in the first place. According to CNBC, a key contributor...
Are retail bankruptcies trending upward?
Keeping up with a market that is rapidly shifting to virtual sales can be a bigger challenge for some Indiana retailers than for others. The worst-case scenario that you could face is a sharp decrease in sales that leads to the need to declare bankruptcy. Is this a...
Is an attorney required to file for bankruptcy?
It can be intimidating to file bankruptcy in Indiana. It is a huge financial decision that will change your credit status for quite a while. It may impact you in many ways. It is also a legal process that requires following instructions carefully and ensuring that you...
What is probate?
You likely know that if you die without an estate plan, the state will step in and manage your affairs. However, sometimes, even if you have an estate plan in Indiana, the state still gets involved in the finalizing of your financial affairs. This process is probate....
How is eligibility for Chapter 13 bankruptcy determined?
The fact that Chapter 13 bankruptcy allows you to keep property and assets while resolving issues with creditors makes it an attractive option for people in Indiana suffering under the weight of debt. Still, not everyone will qualify for this form of bankruptcy....
Using bankruptcy as a foreclosure defense
If you have fallen behind on mortgage payments and are barely managing to stay current on some other financial obligations, there is no time like the present for you to consider bankruptcy. Depending on how far in arrears your mortgage is and your financial...
