News & Blog Updates

As foreclosures become more and more frequent around the country, everyone worries about home values dropping. Meanwhile, insurance executives, I’ve been reading, are worried about matches dropping – on gasoline-soaked rags inside closets! That’s because the insurance industry fears more Read More

In the process of reading different news and feature items on the Internet, I’m always looking for stories about bankruptcy cases. As a bankruptcy attorney in Indiana, I particularly like tales of bankruptcy court cases in other states. This one Read More

While economists are busy debating whether the U.S. economy is headed towards recession, some analysts believe recession is already a reality. I’m no economist, but as a bankruptcy attorney in Indiana who talks with tens of consumers each week, I Read More

Back in 1978, when Natalie Canull started her first premier toy store at the Fashion Mall here in Indianapolis, she called it Kits & Kaboodle, planning to offer unique and upscale toys that she had personally selected. Twenty years later, Read More

The Federal Reserve is increasing the amount of money available to banks through a new auction process, pledging to continue these auctions as long as necessary to help banks during the credit crunch. There was one auction last week, with Read More

Every Friday the Business Section of the Indianapolis Star has a Personal Finance column in which local financial experts are asked to respond to readers’ questions on consumer and investor issues. On Friday January 4, the question of the day Read More

Maybe you didn’t think of it in just this way, but bankruptcy plans are based on budgets. One of the important items that I discuss with people who come to my Indiana bankruptcy law offices is their budget, meaning their Read More

A couple of weeks ago I wrote about one aspect of the White House subprime rescue plan, which has to do with “freezing” the interest rates on certain adjustable rate mortgage at their current levels, allowing the homeowners more breathing Read More

Last time I wrote about how a debt that has been discharged by the bankruptcy court is no longer subject to collection, and how, if a third party (not the original creditor) tries to collect on that discharged debt, a Read More

A debt that has been discharged the bankruptcy court is no longer subject to collection action. After all, that’s the whole idea of bankruptcy! In today’s world, however, where third-party companies buy up debts from creditors at a discount, and Read More

There’s More To Filing Bankruptcy Than Filling Out Forms Many people have the mistaken idea that all that’s needed to file bankruptcy is filling out a bunch of forms, paying a fee, and submitting the paperwork to the court. Sounds Read More

The December numbers have yet to be completed, but the November statistics are in. November 2007’s foreclosure filings were up 68% over November of 2006, with just shy of 202,000 filings for the month. This amounts to one foreclosure filing Read More