Lawrenceburg Indiana Bankruptcy and Estate Planning Blog
Have you co-signed on a student loan that has gone unpaid?
When you co-sign on a loan, you’re telling the lender that you will pay the loan if the main borrower does not. The penalties for failing to keep the loan up to date can include a hit to your credit, the loan going into collections, and a possible court judgment...
read moreWhen do you need a trust?
An important part of estate planning is deciding exactly what to include in your estate and how to go about leaving your assets to your heirs. One option is a trust, which Charles Schwab explains is an agreement about asset distribution that can usually prevent the...
read moreDoes Chapter 7 discharge recent credit card debt?
When you begin considering filing Chapter 7 bankruptcy in Indiana, likely one of your biggest reason is that you have too much consumer debt and Chapter 7 discharges virtually all of it, including your credit card debt. If, however, you plan to go on using your credit...
read moreWhat happens if I do not have an advance directive?
A typical healthcare visit involves you telling your doctor the medical problems you are experiencing and discussing with him or her the pros and cons of various treatment options. You then decide which option you would like to pursue, and the treatment begins. While...
read morePros and cons of Chapter 13 bankruptcy
If you are an individual who has chosen to get out from under crushing debt in Indiana by filing for bankruptcy, there are usually two avenues available to you: Chapter 7 and Chapter 13 bankruptcy. Each works in different ways, each involves its own eligibility...
read moreShould you use retirement savings to avoid bankruptcy?
Filing for bankruptcy in Indiana can be a momentous decision. No one expects to sink into crushing debt, and the decision to file can be traumatic for some. Due to the stigma associated with bankruptcy, you may feel tempted to go to extreme lengths to avoid filing....
read moreBankruptcy filings see only slight decline
As the new year gets off to a start, many people in Indiana may be wanting to focus on finding a solution to their debt in 2019. For some consumers, January can be exceptionally hard as the post-holiday spending spree can either propel them into debt or make an...
read more2018 holiday spending trends
People in Indiana who struggle with debt rarely end up in such a position from just one holiday season. Nonetheless, this time of year can definitely put a damper on a consumer's attempt to pay down debt or to avoid racking up more debt. Despite the best of...
read moreWhat happens if you die without a will
If you die without having written a will, your estate is called "intestate" and Indiana has very specific rules about how your estate will be distributed. Without a will, your estate might not be distributed according to your desires. It also might not be distributed...
read moreCan a family meeting prevent issues after you die?
Estate planning can be stressful. It is made even more so if you are dealing with difficult family members who you fear will cause trouble when you die. Nothing will stall probate in the Indiana courts as bad as arguing among family members over who gets what. To...
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