Filing for bankruptcy is an important chance for a lot of people to get their financial feet back on the ground. But sometimes, unforeseen events like medical expenses, unemployment, divorce, or some other issue arise years after filing for bankruptcy. For those who have gone through the process before, one of the questions they might...

Your retirement savings accounts might just be the most valuable asset you own and could even be as valuable as your family home. Indiana divides retirement accounts during divorce, but there are some important considerations. Your Indiana divorce attorney can guide you through the division of retirement assets in divorce.  Retirement accounts are part of...

When you co-sign a loan, both parties are responsible for the debt. In fact, it is just like taking out the loan yourself. It will appear on your credit report. This can become a serious problem if the party you co-signed for files for bankruptcy, since it does not cancel the creditor’s rights against the...

Even if you are thinking about filing for bankruptcy, you still might have to use your credit cards to pay for your daily expenses. However, using a credit card right before filing for bankruptcy can be problematic, especially if you buy expensive items or take cash advances.  Filing for bankruptcy will not automatically erase all...

Most couples tend to accrue shared credit card debts while married. Even if the divorce order says one spouse should shoulder the debts, the arrangement may not be enough if the other spouse files for bankruptcy. You could receive a letter from a creditor if your ex-spouse files for bankruptcy after the divorce. Understanding the...

When getting a loan, many folks depend on the assistance provided by a family member or close friend. This is because a co-signer increases the chances of securing a loan, whether for purchasing a car, taking out a personal loan, or getting a credit card. If you are in a difficult position and considering filing...

Co-signing a loan usually involves trust. A parent might co-sign a loan on a car purchased by their child. Friends can co-sign loans for each other. Spouses also sometimes co-sign loans together. But what happens when financial problems prompt you to declare bankruptcy? You might wonder what happens to your co-signing in such a situation....

A lot of folks rely on their tax return to help alleviate financial stress. It doesn’t matter if you need money to clear out some bills, repay your debts, or meet some ordinary expenditures. Any kind of loss related to your tax return is significant. Those considering filing for bankruptcy in Indiana might have questions...

Paying your HOA fees can be a financial stressor for those who are already behind on their mortgage, car payments, or other bills. If you are considering bankruptcy, it is important to understand what will happen to HOA fees in Indiana once your filing is complete.  HOA fees are treated differently from many other debts...

People with debt problems often think that their tax debt will never be forgiven in bankruptcy proceedings, but this is not true. Some types of taxes cannot be forgiven, but others can be discharged under certain circumstances.  Not all tax debt is treated the same way Under the Bankruptcy Code, there are various types of...