Fort Wayne Bankruptcy And Family Law Blog

Filing for personal bankruptcy is a difficult decision to make. Many people prefer to take responsibility for their financial circumstances whenever possible. They also typically prefer to avoid the complications that can arise after a bankruptcy, such as difficulty...

When filing for Chapter 7 bankruptcy in Indiana, those in debt must list their assets that the courts will consider for potential liquidation. Real estate, vehicles and business-related property are commonly listed, but sometimes debtors become confused about what...

You may find yourself overwhelmed by debts for any number of reasons. Financial hardships occur frequently across all segments of Indiana society. Do not let preconceived ideas about bankruptcy keep you from exploring how it could reset your life. People spread...

If you wish to file for liquidation bankruptcy as an Indiana consumer, you will have to take a means test. The test seeks to determine whether you have sufficient income to pay your debts over a period of three to five years as opposed to having them eliminated in a...

Going through a Chapter 7 bankruptcy in Indiana can be a challenging and emotional experience. It can significantly impact your credit score and financial situation, making it harder to get approval for a mortgage. However, it is still possible to get a home loan...

Filing for bankruptcy is a process that usually means that someone has accumulated enough debt to be unable to pay it off in full, and they need the help of the courts and laws of bankruptcy to get out from underneath it. One of the most important elements of this...

Filing for bankruptcy may allow you to eliminate or reduce secured or unsecured debt balances without necessarily losing property. However, before you present your bankruptcy petition to an Indiana judge, you'll need to show proof that you've undergone credit...

While bankruptcy in Indiana relieves consumers of some unsecured debts, myths give it a negative reputation. A common myth is bankruptcy filers are irresponsible with money. There are many other myths that make consumers hesitate to file for bankruptcy. Myth: Credit...

A lot of Indiana consumers who are struggling with their financial obligations are not certain if bankruptcy is the right option for them. Qualifying for Chapter 7 bankruptcy requires that you have a certain income and owe significant personal debts. There is a test...

Financial struggles are increasingly common in Indiana and throughout the nation. With job loss, medical bills and other problems, people can find themselves buried in debt with concerns about the future. Bankruptcy is an option for those facing these trying...