Lawrenceburg Indiana Bankruptcy and Estate Planning Blog
Can I still get a business loan after going bankrupt?
The stigma associated with going bankrupt can leave Indiana entrepreneurs reluctant to file for Chapter 13 bankruptcy, fearing that doing so will make it impossible to secure business financing for a long time. However, going bankrupt does not mean every lender will...
read moreManaging credit card debt
Credit card debt has taken over the lives of many Americans, and those in Indiana are no exception. Particularly if you have experienced job loss or a downturn in your local economy, it is not unusual to end up relying on your credit cards to get through hard times....
read moreCan I provide for my pet in my estate plan?
Pets are like members of the family, but the law in Indiana sees them as property. It does not recognize them as living beings. This may make you wonder if you can provide for them in your estate plan or if all you can do is leave them to someone like you would any...
read moreWhat is a qualified personal residence trust?
When it comes to estate planning, things change often. Not just with your personal situation but also with the law and how that impacts the decisions you have made about your assets. Recent changes may have you rethinking the use of a qualified personal residence...
read moreFiling for bankruptcy should not make you feel guilty
If you are in a financial bind and have nowhere else to turn, you may start to consider filing for bankruptcy. However, many things may make you hesitate to declare bankruptcy, including the stigma surrounding this decision. But there is absolutely no reason to feel...
read moreWhat 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...
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