Bankruptcy Basics

/Bankruptcy Basics

How Many Months Must Be in a Chapter 13 Plan?

Considering Chapter 13 bankruptcy? Then you’re probably wondering how long it will take. Chapter 13 bankruptcy takes a bit longer than Chapter 7, but it may be the best plan for you. Let’s look at the factors that determine how long a bankruptcy takes so you can get an idea of your bankruptcy’s timeframe. If [...]

Why It’s Important to Set Aside and Save Your Collection Letters

https://youtu.be/laBEGbOMAkI Are you receiving collection letters while working with a bankruptcy attorney? Save every single letter, even though you will have a lot of paperwork piling up. Your bankruptcy attorney needs these letters because they could benefit you. Let’s take a look at why you should save collection letters and share them with your attorney. [...]

By |2021-02-19T18:49:02-05:00February 16th, 2021|Bankruptcy Basics, Creditor Harrassment|0 Comments

What is Zombie Debt?

When you’re deeply in debt, it feels as if debt collectors are always at your heels, grabbing at you for money. Bankruptcy finally frees you from this burden and allows you to shed old debt. But certain debts just refuse to die. They rise from the dead and come back to haunt you again, even [...]

By |2021-02-12T16:00:23-05:00February 9th, 2021|Bankruptcy Basics, Debt Relief, Zombie Debt|0 Comments

Credit Reporting During and After Bankruptcy

Have you wondered what will happen to your credit report during and after your bankruptcy? When you’re working with a bankruptcy attorney at Sawin & Shea, one of the services we offer is reviewing your credit report. Here’s why we do so and why it will be a huge help to you. And good news [...]

How to Handle Collection Calls

When you hire Sawin & Shea for your bankruptcy, we give you a phone script that helps you handle collection calls. After you retain the firm, creditors must stop calling you once they have notice of our representation. During your bankruptcy, bill collectors are required to follow certain rules for phone calls and other communications, [...]

By |2021-01-29T10:36:56-05:00January 28th, 2021|Bankruptcy Basics, Bankruptcy Law, Creditors|0 Comments

COVID-19, Evictions, and Mortgage Moratoriums

The COVID-19 crisis left many Hoosiers in a tough spot financially. When eviction and mortgage moratoriums prevented people from losing their homes during the pandemic, it came as a huge relief. Now many of these moratoriums are approaching expiration and you’re probably wondering what happens next. Will you lose your home? If you’re behind on [...]

By |2021-01-22T14:29:52-05:00January 21st, 2021|Bankruptcy Basics, Bankruptcy Law|0 Comments

Bankruptcy and Tax Refund Strategies

As tax time approaches, it’s the perfect time to think about how you can make good financial decisions. For someone who’s pursuing Chapter 7 bankruptcy, this is especially important. Chapter 7 bankruptcies are liquidation bankruptcies, meaning non-exempt assets can be liquidated to pay your creditors back something. One of the most common assets that bankruptcy [...]

By |2021-01-22T14:29:18-05:00January 12th, 2021|Bankruptcy Basics, Bankruptcy Law|0 Comments

When Is the Right Time to Be Thinking About Bankruptcy?

Sometimes the best offense is a good defense, even when it comes to finances. If you have been hit hard by the economic upheaval of the coronavirus, filing for bankruptcy may be your best option. At a time when thousands are already struggling with historic stressors due to the uncertainty caused by the pandemic, it [...]

By |2020-09-04T10:57:38-04:00August 31st, 2020|Bankruptcy Basics, Bankruptcy Law|0 Comments

Need to Know About Debt Negotiation and Settlement?

If you’re dealing with debt and considering filing for bankruptcy, it’s a good idea to get professional legal advice on how to handle the proceedings. There are countless scams and “credit repair” cons trying to take advantage of your situation when you need help the most. Credit counseling and debt management agencies may be [...]

How Can I Eliminate Tax Debts In Bankruptcy?

One of the things that people hear about bankruptcy is that it usually doesn’t discharge some debts owed to the government, like taxes. Even if you have a large burden of tax debt that is making it extremely difficult to reconcile your finances, bankruptcy can’t always help. However, here is some good news: You actually [...]