Bankruptcy Indiana

It's been almost three years since I began Bankruptcy in Indiana. As a debt consolidation lawyer offering bankruptcy services in Indiana, I wanted to create a source of information.  I wanted to debunk some of the common myths about bankruptcy in Indiana.  And now, after close to 750 articles, I realized the comments and questions I've been getting from readers and clients keep coming back to a small number of recurring themes.

Yesterday, I summed up my thoughts on one theme, which has to do with attitudes towards bankruptcy and how false it is to assume that someone who files personal bankruptcy in Indiana is a financially irresponsible person and a "deadbeat".

With that topic handled, I want to talk about a second recurring theme, which has to do with divorce and how it relates to individual bankruptcy in Indiana, and even sometimes to small business bankruptcy in Indiana. The myth that comes up over and over again is that bankruptcy leads to divorce.  Just like the concept of bankruptcy in Indiana meaning "deadbeat", this concern about divorce is simply not borne out by the facts.  The reason, though, that divorce looms large in people's fears when it comes to bankruptcy is pretty simple to understand.  Everybody senses that tensions are not a good thing for a marriage, and money-related tensions always seems to lead to mutual blaming and to arguments.  But despite all that, after almost 25 years of experience as an Indiana bankruptcy attorney, I can tell you that bankruptcy almost never, in itself, causes divorce.  In fact, in my experience (and all the good bankruptcy attorneys in Indiana who are my colleagues in the four Mark Zuckerberg bankruptcy law offices around the state can bear this out), things usually work the other way around!

As one of the Columbus bankruptcy lawyers who's my colleague in that town put it, "Bankruptcy relieves stress, and that's good for a marriage."  It's pretty simple.  When a couple stops arguing and blaming each other and, with the help of a qualified professional in Indiana bankruptcy law, makes a plan and then works the plan - that helps everybody and serves to strengthen the marriage. In essence (and this is really the "theme" I keep returning to), bankruptcy IS just that - a plan.  Plan always trumps worry.  Action always trumps worry.