Indianapolis Bankruptcy Attorneys Can Lower Your House Payment

Would you feel relief if you could stop making the payment on your second mortgage? Many people are substantially under water on their homes because of a second mortgage. If you have two mortgages on your residence and the balance owed on your first mortgage is equal to or greater than the value of your home, Portia Douglas, an Indianapolis bankruptcy attorney, may be able to help you.
http://www.bankruptcyhappens.com/indianapolis-bankruptcy-attorneys-can-lower-house-payment-2/

Seek Help With Child Support From Bankruptcy Attorney Indianapolis

Many years ago, while practicing divorce law, I would occasionally have someone come in for relief from a county court back child support order that was leaving them financially unable to pay for their basic necessities. I remember one, in particular, who was living out of his car because he could not afford rent. Sometimes, a divorce lawyer can’t get your back child support and regular child support order to a level of affordability. A bankruptcy court can help a person facing child support delinquency to reorganize the amount over 60 months, if needed. Bankruptcy Lawyers in Indianapolis If you are in a position where your child support and/or other financial obligations are making it impossible to make ends meet, please contact us for a free phone consultation. The Bankruptcy Legal Services of Portia Douglas wants to help you afford to live. bankruptcy lawyers Indianapolis
http://www.bankruptcyhappens.com/seek-help-child-support-bankruptcy-attorney-indianapolis/

Indianapolis Bankruptcy Attorneys’ Advice Regarding Credit Card Debt

Not everyone who inquires about bankruptcy uses credit cards, but the majority of people have at least one. As a way to learn about their clients’ cases, experienced Indianapolis bankruptcy attorneys will typically discuss the details of credit card use during an initial bankruptcy consultation. A prudent bankruptcy attorney will caution you against maxing out your credit card/s on the eve of bankruptcy. This can result in a complaint to determine non-dischargeability. Creditors have a deadline—approximately four months from the date of the bankruptcy filing—from which they can file paperwork with the court and request them to determine whether the credit card debt should not be discharged.
http://www.bankruptcyhappens.com/indianapolis-bankruptcy-attorneys-advice-regarding-credit-card-debt/

Indianapolis Bankruptcy Attorneys' Take on Chapter 7 Bankruptcy and Credit

In first-time discussions with a potential client, the question, ""How will bankruptcy affect my credit?"" almost always arises ─ an experience that most Indianapolis bankruptcy attorneys can relate to. People fear and assume that the result of filing bankruptcy will be negative. First, it is important to remember that if you have substantial debts and they are in default, it is likely that your credit history is already poor. In this situation, the elimination of your debt almost always results in giving your credit score a boost because you no longer owe that money.
http://www.bankruptcyhappens.com/indianapolis-bankruptcy-attorneys-take-chapter-7-bankruptcy-credit/

Some Tips for Choosing the Right Bankruptcy Attorney from Indianapolis

"This is pretty much a no-brainer. Bankruptcy is a specialized and complex area of the law, and lawyers who don’t regularly practice or focus on this specific field may not foresee everything related to a case. This might result in a case getting dismissed, being forced to attend more hearings, or even the loss of remaining properties and assets. Bear in mind that years of practice is not always the best indicator. For instance, one must ask a prospect how many cases he/she has handled in the past, as well as what types. If a lawyer has handled tons of Chapter 7 cases but not Chapter 13s, there’s a chance that the lawyer isn’t the best fit for the task."
http://www.bankruptcyhappens.com/tips-choosing-right-bankruptcy-attorney-indianapolis/

Medical Bills: Top Reason to Hire Indianapolis Bankruptcy Attorneys

"A quick summary of the study’s findings estimate that 56 million Americans under age 65 will have trouble paying their medical bills, with a majority of them (over 35 million) to be contacted by collections agencies for unpaid dues. Aside from that, nearly 17 million are to receive lower credit ratings on account of their unpaid dues; over 15 million will use up all their savings just to pay off the debt while some 10 million will be unable to provide even for basic necessities because of high, unpaid medical bills. However, the occurrence isn’t exactly new. In fact, medical costs have been the main culprit for bankruptcy in the U.S. as far back as 2007, according to a study conducted by researchers from Harvard. During that year, about 62% of all personal bankruptcies filed in the U.S. were caused by unpaid medical treatment costs, and even had a rather peculiar trend– 78% of the filers had medical insurance. This trend has continued up to 2013, with some 10 million health-insured
http://www.bankruptcyhappens.com/medical-bills-top-reason-hire-indianapolis-bankruptcy-attorneys/

Don’t “Go It Alone”

Most people who consider filing for bankruptcy never thought they’d be in that position. It is the rare bankruptcy client who files every 8 years, making bankruptcy a “way of life.” The vast majority of bankruptcy clients are embarrassed about their circumstances and are only seeking bankruptcy relief because they have exhausted all other options.

Life can throw you curve balls. An unexpected illness, job loss or demotion can often mean the difference between barely hanging on financially and no longer being able to. Our bankruptcy laws were created specifically so that Americans who find themselves in seemingly impossible financial situations can find a way out.

http://www.bankruptcyhappens.com/dont-go-it-alone/