With rising foreclosures and job layoffs around Indiana, the number of vacant houses continues to grow. Boarded-up windows and overgrown lawns create a problem for homeowners nearby, further depressing real estate values. Besides the tragedy of starving pets left behind Read More
Same story, different stock… Just a couple of weeks ago, it happened in Oklahoma City (see Bankruptcy Can Loom Even For A Billionaire) and now it’s happened here in Indiana. The CEO of Chesapeake Energy, Aubrey McClendon, who’d borrowed massive Read More
President George W. Bush is leaving the White House, but the Soldier’s and Sailor’s Civil Relief Act of 1940, amended and signed into law by Bush in 2003, remains. Now called Servicemembers Civil Relief Act, the law is meant to Read More
Small business owners sometimes seek my advice without bankruptcy being the topic of our discussion. In some cases, bankruptcy’s been a part of their past with some other business they’ve owned. They know bankruptcy law has changed, and want to Read More
Timing is everything, they say, and as a bankruptcy lawyer in Columbus, Indiana, I found that statement especially true earlier this month. Second only to a home threatened by foreclosure, and in some cases even more important, an automobile is Read More
Earlier this month, in my Indiana bankruptcy blogs, I’d written about some positive job developments I was seeing around the state of Indiana (see Indiana Bankruptcy Attorney Glimpses Good News In The Indiana Jobs Pipeline and It’s Holiday Time, With Read More
Which comes first, the chicken or the egg? When it comes to divorce and bankruptcy, even though I’ve been a bankruptcy attorney for almost twenty-five years, I’m not sure I know the answer. Divorce, as I’ve mentioned in earlier blogs, Read More
Every week, as I deal with tens of people, helping them handle debt problems and guiding them through the process of using the bankruptcy safety net for relief, I’m struck by the irony of the situation. One of the largest Read More
I see tracking business and job statistics in the state of Indiana as an important part of my work as an Indiana bankruptcy lawyer. I need to know what the opportunities – and the challenges – are going to be Read More
The Treasury Department’s working on a plan to reduce mortgage rates on home loans to 4 ½%. The plan would involve the government buying more mortgage-backed securities, according to a recent Reuters report. Since Fannie Mae and Freddie Mac, the Read More
The number of bankruptcies in Indiana has risen dramatically, and I was one of two attorneys interviewed for the report “Indiana Bankruptcies Soar” in the December 1-7 issue of the Indianapolis Business Journal. As I explained in my earlier blog Read More
In this Indiana bankruptcy blog, I’ve been using the bankruptcy of ATA Airlines to demonstrate an important fact: bankruptcy is a process, not a one-time event. The ATA bankruptcy story actually began years ago, when FedEx decided not to use Read More