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Buying a House or Car in Chapter 13 Bankruptcy A chapter 13 bankruptcy can last around 3-5 years. In that time, big things can happen in life. Did you know that you can buy a car or house while in a chapter 13 bankruptcy? The bankruptcy court has a streamlined process to allow you to […]
US Bankruptcy Filings Increase in the First Quarter of 2024 In 2023 total bankruptcy filings increased from the previous year and it appears that trend is not stopping. There were 120,094 total bankruptcy filings in the first quarter of 2024 (January 1 through March 31). This is a 14% increase from the 105,497 filings in […]
Dischargeable Debt in Bankruptcy Unfortunately, filing for bankruptcy does not automatically take care of all your debt. How much of your debt is dischargeable depends on the type of debt you have and the type of bankruptcy you file. What Is a Discharge in Bankruptcy? A discharge is the endgame of a bankruptcy. It is […]
Taxes and Bankruptcy Even if you don’t think that you owe any back taxes, making sure that you have your taxes on file is important for the successful confirmation of your Chapter 13 bankruptcy plan. This is to prove to the IRS and your state tax collectors how much, if any, tax debt needs to […]
Your Bankruptcy Doesn’t Have to Affect Your Spouse When you are facing the reality that bankruptcy is your best bet to discharge overwhelming debt, you may find yourself worrying about what that will look like for your spouse. Luckily, just because you are filing bankruptcy, doesn’t mean your spouse has to as well. It is […]
Overwhelming Medical Debt May Lead to Bankruptcy The average family of four will have experienced medical costs of around $31,000 in 2023. Because of this, one in every three Americans are dealing with some form of Medical Debt. Further, an average of 51% of adults said they are concerned with being able to afford the […]
Biden Cancels $1.2 Billion in Student Loan Debt, What Now? Biden cancels $1.2 billion in student loan debt for 150,000 borrowers, bringing the total cancelled debt to $138 billion for 3.9 million borrowers. This recent cancellation benefitted those enrolled in the income-driven repayment plan called SAVE. If you didn’t sign up or didn’t qualify for […]
Indiana Unemployment Claims on the Rise The US Department of Labor reported that Indiana unemployment claims rose in the week ending on January 27th. Possibly caused by layoffs, Indiana jobless claims were reported at a whopping 4,122 for the week, up from 3,996 the previous week. This appears to be a part of a nationwide […]
Bankruptcy Filings Rise in 2023 The numbers are in – bankruptcy filings are on the rise. With all four quarters of 2023 reaching new peaks, we are seeing the highest number of both business and non-business filings since 2020. With business filings up 40.4% and non-business filings up 16%, we are seeing a total 16.8% […]
Rise in Bankruptcy for Millennials and Generation X Despite recent economic data reports showing a 29% increase in consumer confidence since November of 2023, LegalShield’s December Consumer Stress Legal Index displays a worrying rise in financial pressures. According to these documents, more consumers, especially Generation X and Millennials, are seeking legal help for bankruptcy and […]
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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. This website contains general information about various areas of bankruptcy. It is highly recommended that persons with debtor/creditor problems seek the advice of an attorney. The information on this website is not intended to be legal advice and viewers should consult with an attorney.
Copyright © 2024 – The Law Offices of Dax J. Miller, LLC – BANKRUPTCY LAWYER – [website by VisualRush]
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. This website contains general information about various areas of bankruptcy. It is highly recommended that persons with debtor/creditor problems seek the advice of an attorney. The information on this website is not intended to be legal advice and viewers should consult with an attorney.
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