Generally speaking, individuals can file for bankruptcy under either Chapter 13 or Chapter 7. In rare cases, an individual may be forced to file under Chapter 11, but that is exceedingly rare. Danville bankruptcy attorney Chris Arrington will discuss the key differences between Chapter 7 and Chapter 13 and when you might want to file...

Chapter 13 is a type of bankruptcy that allows an individual debtor to make monthly or biweekly payments to the bankruptcy trustee to repay some of their creditors. Generally speaking, you don’t have to repay all the debts you owe. To file under Chapter 13, you need to present a repayment plan to the court....

If you have regular income and need to file for bankruptcy, Chapter 13 offers a different approach to Chapter 7. Also known as the “wage earners plan,” Chapter 13 allows you to repay some of your debts according to a scheduled payment plan. You will make regular monthly or biweekly payments to the bankruptcy trustee...

Indiana is considered an equitable distribution state. Other states operate on a process of equal distribution. In these states, the marital estate is divided 50/50 regardless of any other considerations. In Indiana, we operate on a process known as equitable distribution. In equitable distribution states, the marital estate may not necessarily be divided in half....

Are you being hounded by creditors over past-due accounts? Does the sound of your phone ringing fill you with dread? If so, it may be time to consider bankruptcy. Bankruptcy offers several protections against debt collectors and creditors related to the bankruptcy process. In this article, the Danville bankruptcy attorney, Chris Arrington, will discuss how...

An “emotional divorce” refers to a situation where the partners are married in name only. Although they are still legally married, the couple experiences significant emotional separation. The situation often comes directly before an actual divorce. In an emotional divorce, partners become increasingly disconnected from one another. This leads to a lack of intimacy, communication,...

In today’s financial landscape, with rising prices and a higher cost of living, Americans are assuming more debt than ever before. Managing that debt can be a daunting task. Two common methods for addressing serious debt are debt consolidation and bankruptcy. Each approach has pros and cons, but if you’re on this page, it may...

In Indiana, you do not have to file for bankruptcy with your spouse if you are married. You can file a personal bankruptcy, but there are several things to consider first. In this article, the Dansville, Indiana bankruptcy attorney, Chris Arrington, will discuss factors to consider when you file for bankruptcy and are married in...

When a couple divorces, their marriage is considered over. If a couple were to pursue an annulment, it would be like saying the marriage never existed in the first place. In Indiana, marriages are annullable, but there are specific and limited grounds for annulling a marriage in Indiana. In this article, the Indiana family law...

Indiana is considered an equitable distribution state when it comes to dividing marital assets and debts during a divorce. While in most cases, the courts will seek to divide the marital estate 50/50 (including debts), the court doesn’t necessarily have to split assets evenly. In some cases, the courts will favor one party, assigning more...