Bankruptcy Indiana

As a longtime debt consolidation lawyer, I can tell you that the advice offered to debtors by ChristiaNet.com  is spot on: “When it comes to negotiating with creditors, debtors should bear one thing in mind: you can catch more flies with honey than vinegar!”

Creditors are more likely to work with debtors who are cooperative and demonstrate an acceptable level of respect, ChristiaNet.com  adds. In my work offering bankruptcy services in Indiana, in addition to helping clients keep their own anger in check, I’ve found that creditors are often willing to respond to letters from an Indiana bankruptcy lawyer than from a debtor.

Creditors, especially small business owners whose customers have failed to pay for goods and services may have their own anger issues, as I and all the good bankruptcy attorneys who work in the Zuckerberg bankruptcy law offices have found.

Dave Ramsey of the well-known radio advice show thinks properly-directed anger could be a good thing, because “You have to get mad at debt to get out of debt.” No one could disagree with the principles of deferring unneeded spending to reduce debt that Ramsey preaches.  Still, what we Indianapolis bankruptcy lawyers often encounter are situations where very financially responsible people have been hit hard with many bad things happening to them over time, including job loss and illness, to the point where they just cannot financially withstand the pressures by themselves.

The least productive response for debtors, I want to emphasize to clients and to Bankruptcy in Indiana readers, is getting mad and trying to “get even”.  “Getting even” with Uncle Sam by ignoring tax notices – big mistake!  Ignoring late payment letters from creditors – disaster! Even when (perhaps especially when) you feel debt collectors have violated your rights, it’s crucial for you to remain calm and to seek professional advice at the very first signs of financial downslide 

The Fair Debt Collection Practices Act requires that debt collectors treat you fairly and respectfully as well, and there are certain practices debt collectors must avoid under the law. Even though a consumer may file a lawsuit against a debt collector for violating this Act, getting angry is not a help.  For one thing, “Consumer Fraud Reporting” explains, if you get angry, you’ll forget (or forget to ask) important information.

Small business bankruptcy in Indiana and personal bankruptcy in Indiana are both designed to help you get even, not with your creditors, but with your finances!