Just one week ago, I answered a blog reader’s question about his chances of getting hired after filing bankruptcy. I explained that it’s illegal for a company to refuse to hire someone solely because that person has filed bankruptcy. What’s Read More
Harvard’s most popular class isn’t on law or business; it’s a class on happiness. Tal Ben-Shahar, author of the book “Happier”, teaches the positive psychology course, based on research done by Harvard in partnership with the University of British Columbia. Read More
Federal law makes Social Security benefits exempt from creditors’ claims (see Social Security, Foreclosures, And bankruptcy – Sometimes They Do Mix). Even a creditor with a legal judgment against you (with the exception of the IRS) cannot intercept your Social Security Read More
"Pensions Safe For Now, But Will Restructuring Be A Lasting Legacy?" asks Ted Evanoff of the Indianapolis Star. "Facing a $20 billion hole in its pension funds, General Motors could return to bankruptcy court in a few years wrangling over Read More
It’s been almost two years since Fortune Small Business Magazine published the story of the Texas restaurant entrepreneur who said, "Filing bankruptcy was the smartest thing I ever did." Since that time, many small business owner clients of mine here Read More
In recent weeks, several additional blog readers have posed questions about garnishment of wages, so I’ll review some of the information in today’s blog post. First, I’ll remind you, a writ of garnishment, as The Bankruptcy Handbook explains is the Read More
Just a week ago, in my bankruptcy blog’s Indiana job market update, I mentioned two companies: Nestle in Anderson, and Monaco Coach in northern Indiana. The news about Nestle was good, highlighting the opening of a new factory and distribution Read More
The Associated Press reporter’s opening line in a recent article about Chrysler Corporation’s Chapter 11 bankruptcy filing could be a banner capturing the essence of the bankruptcy process: "The first sound of the gavel in Chrysler’s bankruptcy might as well Read More
Working as a bankruptcy attorney in Indiana for coming up on twenty-five years, I’ve been involved in more than my share of discussions about mortgages. Up to this point, though, mortgages have been in a debt category all their own. Read More
The tag line for TV’s Style Network, "Where ‘before’ meets ‘after’" might have been conceived for my Indiana bankruptcy law practice. In the "before" phase, I’m helping clients organize all their statements showing their income and detailing each of their Read More
Bankruptcy, as I’m fond of repeating, is a process, not a one-time event. While my Indiana business bankruptcy clients tend to be small business owners, it sometimes helps clients and blog readers for me to use news stories about larger Read More
When a layoff and an illness strike a divorced man in close succession during the last third of his career, the financial effects can be devastating. Believe me, as a bankruptcy attorney in Indiana for so many years, I’ve counseled Read More