Lawrenceburg Indiana Bankruptcy and Estate Planning Blog
What happens if you do not name a guardian for your child?
As a parent, one of the best things you can do for your children is to make plans for what happens to them if you should die. This usually means naming a guardian and putting your wishes into a legal estate document in Indiana. However, if you do not do this, you have...
read moreHow does chapter 13 affect your credit?
If you are an Indiana resident struggling with debt, you may want to consider declaring bankruptcy as a way to make a fresh start and improve your financial situation. Chapter 13 bankruptcy is one of the options that may work well. There are many aspects to chapter...
read moreHow do you breach your fiduciary duty?
Should you become the executor of someone’s Indiana estate or the trustee of someone’s trust, you become a fiduciary at the same time. FindLaw explains that as a fiduciary, you must always act in the best interests of the heirs or beneficiaries rather than in your own...
read moreHow can an automatic stay stop creditor harassment?
If you are one of the many Americans who struggle with credit card debt, overwhelming medical expenses and a pricy mortgage, you may have considered filing for bankruptcy. Although there are several options for those who need debt relief, Chapter 7 bankruptcy wipes...
read moreHave 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....
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