In an earlier blog I wrote about how forgiveness of debt through a settlement can cause a tax problem, and pointed out that when debts are discharged through the court system in a bankruptcy, there is no additional tax. While Read More
One of the really, really important things people don’t know about filing bankruptcy is how bankruptcy relates to federal income tax. In earlier blogs, I spent some time discussing debt settlement agencies and credit counseling bureaus, and why I don’t Read More
Even though more than one million Americans file bankruptcy each year, there’s a myth floating around that bankruptcy is for deadbeats. With me being a bankruptcy attorney in Indiana, I see hundreds of different people in my office every month, Read More
The more I think about that old country song "Looking For Love In All The Wrong Places", the more it reminds me about how people overwhelmed by money problems try to get help in some of the wrong places. As Read More