Indiana Lawyer For Bankruptcy: When Unemployment Benefits Stop
Posted on July 14th, 2010
When you’re a debt consolidation lawyer offering bankruptcy services in Indiana for almost twenty five years, you’re used to seeing many different situations. Some things never seem to change, because there will always be individuals who either through their own fault or due to circumstances beyond their control, get in deep financial trouble, coming to need Indiana bankruptcy help.
But, as I’ve been discussing at length with colleagues in the Indianapolis, Bloomington, Anderson, Mark Zuckerberg bankruptcy law offices and with the Columbus bankruptcy lawyers who are my associates there, I believe that last week something big happened. And that something is going to play a very, very large role in our work helping people file personal bankruptcy in Indiana. This time, I believe, it really is going to be different from all the other times.
For the past three years, I’ve been reporting, through Bankruptcy in Indiana, on plant closings, job layoffs, and, on the good-news side, company expansions and plans to hire workers. I’
Tips for Reducing Your Credit Card Bill Now
Posted on July 13th, 2010
Anyone struggling with debt or trying to rebuild after a bankruptcy filing probably knows how challenging credit card bills can be: though the plastic rectangles themselves may be highly convenient, the monthly payments we make on them often are not.
And, with the economy tighter than the lid on a pickle jar, posts like this one are useful. It outlines some ways to minimize the amount you owe on your credit card without significantly altering your lifestyle (which, for many of us, may be impossible at this juncture).
Steps Toward Less Credit Card Debt
- Pay earlier than you have to: If you have a revolving balance on your credit card (meaning that you don’t pay the full amount you owe each month), interest is charged to that amount every day, so that the longer you wait to pay your bill, the more interest accrues. I
FSA to ban self-certified home loans
Posted on July 12th, 2010
The Financial Services Authority (FSA) have announced plans to ban self certified home loans in a bid to limit the amount of mortgage lending.
The FSA is said to be “adamant” that it will impose new rules that will ban mortgage lending without proof of income or so-called ‘self-certified’ loans.
The UK financial watchdog has said it wants to bring in the new restrictions to ensure that lenders are only giving home loans to those who can afford to repay it. It insists that this can only be done with prior knowledge of a borrowers financial situation, which will effectively put an end to self-cert mortgages.
Self-certified loans mean that home loans are given out on the basis of the borrowers statement of their income, but they do not currently need to provide any proof of this. In the
Where You Buy and What You Buy Can Matter in Bankruptcy in Indiana
Posted on July 10th, 2010
In writing Bankruptcy in Indiana, I like to use actual court cases as teaching tools. So when one of the Columbus bankruptcy lawyers who works in the Mark Zuckerberg bankruptcy law office there told me about the “American Express case” from North Dakota, he knew I’d be interested.
Bankruptcy in Indiana readers and clients know that in either Chapter 7 personal bankruptcy in Indiana or under Chapter 13 bankruptcy law in Indiana, it’s often credit card debt that is discharged by the bankruptcy court.