So many people are hesitant to put an end to their debt issues by filing for bankruptcy because they are worried that they will be judged by the world and by themselves as being a failure. Unfortunately, many people have come to associate bankruptcy with being a...
Bankruptcy
Which is right for you? Chapter 7 or Chapter 13 bankruptcy
When filing for personal bankruptcy in Indiana, it’s important you understand your options so that you can make the proper financial decisions for you and your household. With that, the question is whether you should file for Chapter 7 or Chapter 13 bankruptcy? To...
How bankruptcy can help if you’re still paying off holiday gifts
The winter holiday season is often prohibitively expensive. Between travel, planning parties and cooking a holiday meal, you may spend hundreds or even thousands of dollars, to say nothing of the amount of money you may spend on gifts. Particularly if your family has...
What can bankruptcy’s automatic stay protect you against?
If you are currently feeling the heat from creditors who may be attempting to contact you at home or at work, you may be feeling increasingly desperate for some sort of relief. In some cases, people who are drowning in what feels like increasingly overwhelming debt...
3 common reasons people file for bankruptcy
Despite efforts to educate the public on its real benefits, there is still a stigma surrounding filing for bankruptcy. People on the brink of it may regard it as a failure, while those unaffected may look down on those who file, believing their financial difficulties...
Pinpointing the rise of senior citizen bankruptcy
As you draw closer to retiring in Indiana, you likely want to set yourself up for financial success in your golden years. That means not only continuing to save money for retirement but also educating yourself on money matters unique to the elderly. For instance, what...
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....
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...