24 hrs. Speak to an associate now: (317) 759-1483

Bankruptcy Basics

Home » Bankruptcy Basics » Page 5
Will a Bankruptcy Trustee Contact My Employer?

Will a Bankruptcy Trustee Contact My Employer?

Bankruptcy is sometimes the best solution for those struggling with overwhelming debt. But tragically, many people decide not to file because they feel ashamed about their financial situations. They fear that other people will find out about their bankruptcy and view them as financially irresponsible.  There’s nothing wrong with filing for bankruptcy, but worrying about … Read More

Will Bankruptcy Affect My Spouse?

Will Bankruptcy Affect My Spouse?

If you’re concerned about the potential impact of bankruptcy on your spouse, you’re not alone. This is one of the top questions married people have about filing for bankruptcy in Indiana. First, you should know that choosing bankruptcy is a smart, proactive way of lifting the burden of overwhelming debt. Here in the Hoosier state, … Read More

Can I Buy a Car After Bankruptcy

Can I Buy a Car After Bankruptcy?

Difficult financial situations are never in our plans, so those who file for bankruptcy are often left with a lot of questions about what they can and can’t do once proceedings are completed. One of the confusing subjects surrounding bankruptcy is car buying. Individuals who file for bankruptcy and initially think they cannot buy a … Read More

Types of Property Subject to Seizure in Chapter 7 Bankruptcy

Types of Property Subject to Seizure in Chapter 7 Bankruptcy

Filing Chapter 7 bankruptcy provides numerous Indiana residents with debt relief. But the filing process also involves the liquidation of particular kinds of personal property.  Fortunately, the vast majority of Chapter 7 filers are able to retain all of their property while also discharging their debts. That being said, some forms of personal property can … Read More

How Does Bankruptcy Affect Your Job and Future Credit? 

How Does Bankruptcy Affect Your Job and Future Credit? 

The stress leading up to a declaration of bankruptcy can be intense. You worry about creditors and wonder if you will be able to stay in your home and keep your car. You may also worry that your bankruptcy will become public knowledge and affect other aspects of your life. Will your boss and co-workers … Read More

What If My Income Increases During Chapter 13?

What If My Income Increases During Chapter 13?

Filing for Chapter 13 bankruptcy can be both challenging and stressful. Although filing can help you eventually become debt free, the process itself can be confusing.  One common question that filers have regarding the Chapter 13 process involves income increases and whether they affect payment plans. An increase in income will likely impact your Chapter … Read More

Consumer Debt vs. Non Consumer Debt

Consumer Debt vs. Non Consumer Debt

When filing Chapter 7 or Chapter 13 bankruptcy, it’s critical to understand the difference between consumer debt and non-consumer debt. Your consumer and non-consumer debts impact your ability to file Chapter 7 bankruptcy, and your debt types also determine what’s protected by an automatic stay when filing Chapter 13 bankruptcy.  If you’re considering filing Chapter … Read More

Will I Lose Everything If I File for Bankruptcy?

Will I Lose Everything If I File for Bankruptcy?

Many people hold misconceptions about filing for bankruptcy. Perhaps the most common misconception is the notion that filing for bankruptcy means that you lose all of your wealth and possessions. This, of course, is entirely incorrect. When filing for Chapter 7 or Chapter 13 bankruptcy, you’ll qualify for exemptions that allow you to keep some … Read More

Study Shows Medical Debt Can Affect Your Health

Study Shows Medical Debt Can Affect Your Health

Most people have noticed that when one thing goes wrong, several other things invariably follow. There’s even a common expression describing the experience: “When it rains, it pours.” Unfortunately, medical debt is no exception. It can easily precipitate a resulting series of unfortunate events, one of them (ironically) being poor health. This is more than … Read More

How Long Will Chapter 13 Delay Foreclosure?

How Long Will Chapter 13 Delay Foreclosure?

Declaring bankruptcy can be incredibly daunting, but sometimes it’s the best option for moving forward to financial freedom. This is especially the case if you’re behind on your mortgage payments. Although sometimes borrowers can receive a forbearance or work out a repayment plan with their lenders, many are unable to reach this agreement, meaning they’re … Read More

4701 North Keystone
Suite 210
Indianapolis, IN 46205
Phone: 
317-759-1483
Get Directions

Quality, Compassionate Representation

FOLLOW US

Attorney Advertising. This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

$0 Down Attorney Fees

No upfront attorney fees in qualifying cases. Pay only court filing fee, credit reporting fee, and pre-bankruptcy credit counseling session fee to get a case on file to stop garnishments, repossessions, and certain court actions. Restrictions may apply. Please call to discuss your situation and learn how we can help.