Filing Bankruptcy in Indiana

/Filing Bankruptcy in Indiana

Debts That Can’t Be Discharged During Bankruptcy

It’s tempting to believe that filing for bankruptcy is like having a magical wizard wave his wand to make all of your problems disappear. Unfortunately, this isn’t exactly the case. You need to know exactly which debts can be discharged and which debts can’t as you begin the process. Bankruptcy isn’t rare in the Hoosier [...]

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 [...]

Bankruptcy Court Is Closed – But Creditor Meetings Are Still Proceeding Via Teleconferencing

https://youtu.be/DuTB9ZLCMwY Transcript Hello, this is Richard Shea with Sawin & Shea. As people are aware, due to COVID-19, the bankruptcy court has shut down all in-person hearings. With those changes, a meeting of creditors for active bankruptcy cases are still taking place and are going to be taking place for the foreseeable future. But [...]

Can I File for Bankruptcy More Than Once?

Close to half a million Americans file for bankruptcy each year and about 8% of them are pursuing bankruptcy for the second time. In fact, about 16% of all bankruptcy cases involve people who have filed more than once. Filing for bankruptcy a second time is allowed, with some important limitations. So if you’re curious [...]

What are the Truths and the Myths of Bankruptcy?

Almost 500,000 Americans file for bankruptcy every year and 95.5% of bankruptcies are discharged, meaning the person is no longer legally required to pay back most of their debts. Despite how common and effective bankruptcy is, there are still some persistent myths about bankruptcy that are hard to dispel. Let’s take a look at the [...]

Can Bankruptcy Help If I’m a Victim of a Scam?

In today’s world, the public is inundated with scams, a form of fraud that takes advantage of someone’s kind heart and eventually leads to their financial destruction. Scammers will contact people by phone, by email, through social media, online and any other way they can, sometimes impersonating trusted financial sources to trick you into revealing [...]

By |2020-02-20T08:27:26-05:00February 10th, 2020|Filing Bankruptcy in Indiana, Fraud, Scams|0 Comments

What are the Advantages and Disadvantages of Filing for Bankruptcy Under Chapter 13?

Do you know Indiana is among the nation’s top states for personal bankruptcy filings? That means if you’re living in the Hoosier state and feeling overloaded with bills every month, you’re definitely not alone. Thousands of people file for bankruptcy every year and about 32% are Chapter 13 bankruptcies. However, Chapter 13 may or may [...]

How Do I File For Bankruptcy in Indiana?

When you’re facing a mountain of debt and an inability to pay your monthly bills, bankruptcy offers a way out. It quiets most people who are hounding you for money and finally gives you a fresh financial start. It’s important to handle bankruptcy the right way. If you’re considering filing for bankruptcy in Indiana, read [...]

If I File For Bankruptcy, What Happens To My Credit Rating?

At Sawin & Shea, our clients are often concerned about having low credit scores. They wonder if bankruptcy will make the situation worse. On the contrary, bankruptcy can actually improve your credit and get you back on your feet financially. Here’s how an Indiana bankruptcy can help re-establish your credit. Will Bankruptcy Ruin My Credit [...]

What Are The Top Reasons For Bankruptcy Filings?

Bankruptcy isn’t something most people expect to deal with in their lives. However, about 770,000 people in the U.S. file for bankruptcy every year. The reasons range from unexpected problems from health issues to excessive spending, but the result is a huge pile of debt that’s almost impossible to surmount without the help of bankruptcy. [...]