News & Blog Updates

I would’ve liked to have been a fly on the wall at the United Nations building last month… As a bankruptcy attorney in Indiana these many years, I deal every day with asking the court to discharge debts. The way Read More

In several earlier bankruptcy blogs, I explained that one of the reasons I am such an avid reader of business and economic news has to do the job situation in Indiana. First of all, job loss is one of the Read More

You know how some of the jokes in Reader’s Digest aren’t very funny, but are still very true? Here’s one that has some humor to it, but, more important, I think it offers some very good financial advice. This advice Read More

As I brought out in an earlier blog, Foreclosures Hit Even The Famous, even folks who were at one time very successful and wealthy have fallen on hard times. I’ve been practicing bankruptcy law for close to twenty-five years, and Read More

I’ve mentioned often in this bankruptcy blog that the three main factors leading to bankruptcy are extended medical illness, divorce, and job loss. The combination of two or more of these things hitting a family at the same time can Read More

In a story I read about the super-rich in U.S. News And World Report, the writer points out the differences between being rich today and being rich a thousand years ago. Back then, the article explains, “.being rich involved very Read More

With no fewer than twenty four airlines having stopped service or actually having filed bankruptcy in just the past six months, the question on many minds has to be “So what about my frequent flier miles?” Although, as a bankruptcy Read More

In “Rich Famous, and Stars of Prime Time”, a recent U.S. News and World Report discussed Oprah’s success and quotes Oprah herself: “If there’s a thread running through each show we do, it’s that ‘You are not alone’.” Reporter Amy Read More

Pets probably wouldn’t understand, but the rising cost of wheat and corn can change a very pleasant pet existence into a dog’s life! Added to the increased cost of food for the human household members, rising costs of cat or Read More

To a financier or an IRS agent, the word “forgiveness” has a technical meaning. When a debt you owe is “forgiven”, you don’t need to repay that loan (and you may owe income pay tax on that benefit). In the Read More

When it comes to cars and trucks, it seems bad news has been wheeling into Indiana in force in recent months. In the past two weeks alone, I found two rather pessimistic items in my issue of the Indianapolis Star Read More

Bringing you up to date on the ATA bankruptcy hearing, I emphasized how bankruptcy is a process with certain stages. By now you know that, as a small business bankruptcy attorney, I need to stay on top of news about Read More