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Study Finds Divorce Improves Creativity for Some

There is a new study on the psychological impact of divorce generated by some universities at any given moment in time. A lot of them are very ideologically motivated, but worse still, they seem to contradict each other at every turn. In fact, any discipline built on honest scholarship should contradict itself. Individuals are complicated,...

Using Bankruptcy as Leverage to Negotiate a Debt Settlement

There are several pitfalls to dealing with debt collectors. Firstly, they know the lay of the land better than the average individual. They know the law and how to work it. Generally, they don’t fall into traps that protect consumers from illegal debt collection practices.  However, debt collection companies fall into different categories. You may...

Man Goes to Prison for Bankruptcy Fraud

An Indiana man is headed to federal prison after attempting to hide assets from the bankruptcy trustee during his bankruptcy case. Regardless of whether or not you file for Chapter 7 or Chapter 13, you do have some obligation to the creditors. In the case of Chapter 7, they can liquidate any assets that you...

Indiana Appeals Court Holds Pets are Property

People are very passionate about their pets, but the law still holds that pets are considered property in Indiana. As such, an individual has no special rights toward a pet, including visitation. While this may seem overly harsh, family law clogs up the courts, and it often feels like these cases are never over. As...

If I Declare Bankruptcy, Will I Lose My Assets?

Generally speaking, by the time someone is considering bankruptcy, their assets are already under threat. There are a number of moves that a creditor can take, including placing a lien on your property or garnishing your wages. It becomes more difficult to deal with the creditor after they have begun recollecting the debt. In most...

Indiana’s New Parenting Time Guidelines

The most recent update to Indiana’s law involves determining how parenting time is decided by the courts, protecting parent-child interactions, and ensuring that the children have access to both parents when appropriate. While the law will not change existing parenting schedules and cannot be used as a good reason to revisit a parenting schedule, parenting...

Bed, Bath, and Beyond Narrowly Avoids Bankruptcy

Major retailers have been in financial turmoil after COVID, but at least one of them will live to see another day. Bed, Bath, & Beyond has $1 billion in funding to ensure that its employees will continue to have jobs. However, the overall market for mall retailers remains questionable after COVID. The company has secured...

Filing Bankruptcy to Stop a Lawsuit

As a bankruptcy attorney, a lot of folks come to our office after a creditor has filed a lawsuit against them. In some cases, they have personal injury judgments that they cannot afford to pay and that insurance won’t cover. In those cases, once the plaintiff wins their lawsuit, they can file a second suit...

Tech and Media Companies Among FTX Creditors in Bankruptcy

The economy is interdependent. When one major bankruptcy happens, it affects sectors across the country. For FTX, a major crypto investing firm, many of their major investors were West Coast companies in the tech industry or those with ties to entertainment like Netflix. These companies are now listed as creditors in the FTX bankruptcy, and...

Judge Blocks Texas Two-Step for Johnson & Johnson Bankruptcy

Sometimes, corporations are considered people. Other times, they seem not to be. Ultimately, the consideration of personhood seems to benefit the corporation far more often than it harms it. However, Johnson & Johnson will be forced to shoulder their bankruptcy the same way an individual American would have to after a bankruptcy court blocked its...