One of the benefits of going through a Chapter 7 bankruptcy is the clean slate that results afterward. Many people who go through the process feel a great sense of relief when their debts are finally gone and they can start a new life. However, it is important to know...
chapter 7
What questions will the trustee ask at the 341 meeting?
Some of the questions that are asked by the trustee at the 341 meeting are, for example, your name, your address and where you are working. The trustee will ask you if you read the documents before you signed them and he will ask you to verify who your attorney is....
What questions will the trustee ask at the 341 meeting?
Some of the questions that are asked by the trustee at the 341 meeting are, for example, your name, your address and where you are working. The trustee will ask you if you read the documents before you signed them and he will ask you to verify who your attorney is....
How can you benefit from credit counseling?
If your Indiana debt situation has gotten entirely out of hand and you are thinking seriously about filing Chapter 7 bankruptcy so as to rid yourself of many of your debts, you need to know that, by law, you must undergo credit counseling sometime within the six-month...
Managing 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....
Does 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...
Should 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....
Bankruptcy 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...
2018 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...
When does the fiscal year end?
The end of the fiscal year is probably a big time for your business: Many Indiana entrepreneurs have their schedules lined up for their fiscal, tax and calendar years. For sole proprietorships and one-person LLCs, this coordination is, in fact, an IRS mandate....