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What is Chapter 20 Bankruptcy?

There is no “chapter 20” bankruptcy. It is sort of a joke that lawyers tell. But it is a useful joke as it refers to a certain situation in which a debtor who owes too much money is allowed to use Chapter 13 bankruptcy protections. Before we discuss why this is useful, we need to...

Can You Put a No-Contest Clause in Your Living Trust or Will?

When you think of a ‘no-contest’ clause, you are likely thinking about employment contracts. But the term ‘no-contest’ applies to several types of legal action and probably does not mean what you think it means.  The noun contest has the accent on the first syllable. However, the verb to contest has the accent on the...

How Does Divorce Work for Same Sex Marriages in Indiana?

In 2014, Indiana recognized same-sex marriages as legally binding unions. For those same-sex couples that were waiting to get legal legitimacy to their relationship, this had to have been a day of rejoicing. Still, like with heterosexual couples, marriage is not always a confirmation and guarantee that a relationship will be everlasting and work out...

Can You Cite Irreconcilable Differences to Divorce in Indiana?

There is a lot to digest and do when filing for divorce. One necessary action item is establishing the grounds for which the divorce should proceed. In popular culture, these days, it has become commonplace to hear celebrities and other well-known personalities file for divorce citing “irreconcilable differences” as the reason for the dissolution of...

Tish Cyrus Has Filed for Divorce From Husband Billy Ray Cyrus, Again

Sometimes it takes a little back and forth before a couple truly decides divorce is the right approach or the opposite, that the marriage is worth working on and saving. For Billy Ray and Tish Cyrus, this has been the case. Tish Cyrus has recently filed for divorce from her husband Billy Ray. The couple...

Five Factors to Consider When You Have to Value Your Business 

Divorce is difficult enough to manage, but if a married couple who is dissolving their marriage has a business, valuing the business is a necessary step to finalize the divorce. Typically, to determine a value of a business, qualified professional business evaluators will be used. Often, in a divorce, more than one will make an...

Five Signs Bankruptcy May be Right for You

Bankruptcy is a process by which people and businesses that are overwhelmed by debt they cannot pay down can find relief from their financial burdens and start over again with a clean slate — or at least with one that is more manageable for their situation. Bankruptcy is not something that anyone wants to have...

Plainfield, IN Walmart Warehouse, Goes up in Flames

A recent fire at a Walmart warehouse close to Indianapolis has sent first responders flying to address the widespread flames. The smoke plume alone from the large blaze was seen for miles all around. According to reports, it only took three minutes for Plainfield firefighters to arrive at the scene. The large warehouse was 1.2...