News & Blog Updates

All the studies confirm what I already knew from more than twenty years as an Indiana bankruptcy attorney: Most people who file bankruptcy have suffered an illness, a job loss, an accident, a divorce, or other catastrophic event, and what Read More

As you might imagine, a very big item on the list of debts I help clients put together when I’m helping them prepare for the bankruptcy court process is “plastic”, meaning past due and overextended credit cards and debit cards. Read More

A Wall Street powerhouse since 1850, Lehman Brothers has filed Chapter 11 bankruptcy. A Chapter 11 bankruptcy allows a company to temporarily stop paying bills and yet stay in business under the supervision of the bankruptcy court. This buys time Read More

In these bankruptcy blogs, I’ve often written about credit card debts (see Will You Have Debit Or Credit With Your Meal?). As credit card defaults rise, credit card companies have tried to maintain profits, often by increasing fees and penalties. Read More

I learned something inspiring and yet humorous the other day…Apparently, the National Association of Chapter 13 Trustees, creators of the Academy For Consumer Bankruptcy Education, followed their own advice about saving money. The organization’s annual seminar in San Francisco focused Read More

As “The Bankruptcy Handbook” reminds taxpayers, getting on the wrong side of Uncle Sam by ignoring his notices is dangerous. Not only will that make government debt collectors angry, the amount of the outstanding tax debt will increase due to Read More

In my earlier bankruptcy blog, I shared insights gained from reading professional journals in the field of employee benefits. Another area I enjoy reading about is financial planning. As a bankruptcy attorney in Indiana, I find learning from colleagues in Read More

Professionals in different fields can and should learn from each other. I know I try to do just that by reading journals from other professional fields, including employee benefits, general law, and financial planning. I find this reading so rewarding, Read More

In my earlier bankruptcy blog, Bankruptcy’s Not An Option for Fannie And Freddie, I discussed the two mortgage giants that were placed under federal control, making the “implicit guarantee” of FNMA and FMAC mortgages a very explicit government guarantee. As Read More

I’m always on the alert for news about job opportunities for my Indiana bankruptcy clients. There’s a lot going on in our state… On the negative front, 130 RV manufacturing jobs are leaving New Paris in northeastern Indiana, as Flexsteel Read More

I collect statistics, but it’s no hobby. In order for me to offer the best and most up-to-date advice to my Indiana bankruptcy clients, I must know what their opportunities will be to keep – or find – well-paid employment. Read More

I’m always on the lookout for bargains that can benefit my Indiana bankruptcy clients and bankruptcy blog readers. If you opened a credit card account, car loan, or mortgage any time during the past twenty years, you probably qualify for Read More