News & Blog Updates

I came across a fascinating item the other day about a tourist attraction I’d never heard of. Even though I’ve been a bankruptcy lawyer in Indiana for almost twenty-five years, working with thousands of different situations, and I sometimes think Read More

Spring break is just a memory for most Indiana schoolkids and their teachers, but the U.S. Congress is just now getting back from their two-week recess. Your senators and congressmen weren’t enjoying the attractions at Disney World, however – this Read More

Just this month, several fairly large companies filed motions with the bankruptcy court. While I did not serve as legal counsel for any of the companies I’m going to talk about here, I wanted to share these stories with my Read More

Just one month ago, in my blog “A Good News/ Bad News Week In Indiana And In The Nation”, I wrote about the huge layoffs that had taken place at the Pfizer plant in Terre Haute, Indiana, adding six hundred Read More

A family friend was vacationing in Tampa, Florida a couple of weeks ago and sent me a news item from the Tampa Tribune that she thought I’d find interesting. An Ohio corporation by the name of Unit 44 Inc., owner Read More

Here’s a question I, as a bankruptcy attorney, hear all the time: Does filing bankruptcy help avoid foreclosure? And here’s the answer: Yes and no. Filing a Chapter 7 bankruptcy triggers the “automatic stay” I’ve been writing about in former Read More

Are there ways to avoid having a lender foreclose on your home? Certainly, but just the same as at an antique auction, everything depends on your reaction time. The first “Going” sound you should hear (and this is the one Read More

More than 130 million households are getting a letter this week, and, if the government knows how to find you, you might be among the recipients. As a bankruptcy attorney in Indiana these many years, I know my clients usually Read More

The other day in my blog, I wrote about bad habits sometimes putting even financially responsible people on a downward financial path ultimately leading to bankruptcy. I gave as one example smoking-induced illnesses that result in very high, in many Read More

I’ve done a lot of writing in this blog over the past few months about the fact that the bankruptcy system is a mechanism for offering individuals and business owners a new start. But when people exploit the court system Read More

Just ten short years ago, singer and songwriter Toni Braxton was singing a sad tune as she filed Chapter 7 bankruptcy in Los Angeles. Toni’s fans were shocked, because her albums had enjoyed such success, but it was that very Read More

Bankruptcy courts are in the business of administering debtors’ assets, using those assets to pay creditors. Typically the assets sold to satisfy debts might be real estate, investment accounts, cash, horses, cars, antiques, or pieces of art. It’s rather unusual Read More