Economy

As boomers age, lawyers seeing new trends in estate and health care planning

May 11, 2011
Jenny Montgomery
Born between 1946 and 1964, baby boomers are not like generations that came before them with regard to estate-planning needs. Many of them are living longer and will be working longer – some by choice and others because the value of their retirement accounts has plunged in recent years. As they look toward their future, the boomers’ top concerns are asset protection and paying for long-term care, although each person may have a different approach about how to accomplish those goals.
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Federal budget cuts lead to uncertainty for state's student civic programs

April 15, 2011
Jenny Montgomery
Chuck Dunlap, executive director of the Indiana Bar Foundation, says federal budget cuts mean the IBF’s Civic Education Program will have no federal funding as of September.
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Pilot project uses secure network for foreclosure settlement agreements

April 11, 2011
IL Staff
The Indiana Supreme Court announced Monday a new program that allows parties in mortgage foreclosure settlement cases to exchange financial documents over a secure online network.
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Bankruptcy filings ease slightly in Indiana

March 1, 2011
Scott Olson
Total bankruptcy filings in the Southern District of Indiana ticked down last year. Business bankruptcies in Indiana dropped 3.2 percent.
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High court seeks comment on foreclosure practices

February 25, 2011
IL Staff
The Indiana Supreme Court is accepting comments from the public on the proposed “Mortgage Foreclosure Best Practices” guidelines.
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Fair Finance trustee sues Indy attorney for $375,000

February 15, 2011
Greg Andrews
The bankruptcy trustee for Fair Finance Co. has filed a lawsuit against Indianapolis attorney Stephen Plopper and his wife, saying they defaulted on a 2003 loan from the defunct Tim Durham-owned business and now owe $375,000.
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Cuts proposed to LSC budget would affect ILS

February 10, 2011
Rebecca Berfanger
Among approximately 70 proposed budget cuts, the U.S. House Appropriations Committee has proposed cutting $75 million, or 17 percent of the budget for the Legal Services Corporation, which funds 136 civil legal aid programs around the country, the committee announced Wednesday.
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Law schools discuss loans, jobsRestricted Content

February 2, 2011
Rebecca Berfanger
School administrators respond to a widely circulated The New York Times article, "Is law school a losing game?"
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Legal aid budgets remain steady

January 19, 2011
Rebecca Berfanger
While the need for services for indigent Hoosiers during these tough economic times continues to increase, civil legal aid providers are reporting that budgets for 2011 will be similar to those of 2010, and the numbers of cases handled in 2010 are comparable to 2009.
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Indiana pro bono districts take a hitRestricted Content

December 22, 2010
Rebecca Berfanger
While low interest rates can be a good thing for those looking to take out loans to buy a home, a car, or to refinance, they mean nothing but headaches and heartaches for organizations that depend on the dollars generated, such as legal aid organizations that rely on funds from Interest on Lawyer Trust Accounts.
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Court programs, economy among focuses of foreclosure conference

November 24, 2010
Rebecca Berfanger
When it comes to the problem of mortgage foreclosures in Indiana, there appears to be no end in sight, at least not yet.
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COA: Summary judgment wrong in foreclosure suit

November 19, 2010
Jennifer Nelson
A mortgagee’s compliance with federal mortgage servicing responsibilities is a condition precedent that can be raised as an affirmative defense to the foreclosure of a Federal Housing Administration insured loan, the Indiana Court of Appeals ruled today for the first time.
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Courts consider foreclosure issues

October 27, 2010
Rebecca Berfanger
To address recent news regarding foreclosures – including a handful of national banks putting holds on foreclosure proceedings regarding their lenders – participants in the foreclosure prevention efforts of the Indiana Supreme Court, including judges in pilot programs around the state for settlement conferences, held a conference call Oct. 19 to address these issues.
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Education conclave focuses on diversity, economyRestricted Content

October 13, 2010
Rebecca Berfanger
When the Indiana State Bar Association gets law students, attorneys, professors, judges, court administrators, deans, and representatives of Indiana’s Judges and Lawyers Assistance Program, Disciplinary Commission, Board of Law Examiners, and the Indiana Bar Foundation are all in the same place for a few hours, some interesting dialogues are bound to take place.
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Supreme Court to rule on priority rights on liens

October 4, 2010
Jennifer Nelson
The Indiana Supreme Court took a case from the Indiana Court of Appeals involving strict foreclosure in which the lower appellate court adopted the reasoning from a federal case to determine priority rights on liens.
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Discrimination cases rising

September 29, 2010
Rebecca Berfanger
As people lose their jobs in a rough economy, it’s obvious that unemployment claims go up – and stay up – as it is more difficult to find new work.
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Lenders meet with borrowers at event

September 29, 2010
Rebecca Berfanger
Following a statewide event Sept. 1 to help to homeowners who were concerned they might be facing foreclosures, the Indiana Foreclosure Prevention Network hosted another event Sept. 16 in Indianapolis.
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New approach to foreclosure prevention successful

September 15, 2010
Rebecca Berfanger
Courts around the state have experienced more success with a new approach to settlement conferences utilizing facilitators – who interact directly with borrowers and lenders – than past attempts to find alternatives to foreclosures.
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Attorneys needed for foreclosure events

August 13, 2010
IL Staff
Attorney volunteers are needed for free borrower outreach programs around Indiana hosted by the Indiana Foreclosure Prevention Network Sept. 1.
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Challenges face many new Indiana attorneysRestricted Content

June 23, 2010
Michael Hoskins
Delivering pizzas and moving furniture isn’t what Greenwood attorney Justin Cook thought he’d be doing once he earned a law degree.
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Economy adjusts child supportRestricted Content

April 28, 2010
Rebecca Berfanger
It used to be fairly easy to prove someone wouldn't pay child support because they didn't want to. But it hasn't gone unnoticed that there are more people who want to pay child support but simply can't.
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New foreclosure-prevention initiative announced

April 20, 2010
Rebecca Berfanger
To encourage more eligible Hoosiers to participate in settlement conferences when facing mortgage foreclosures, a new program involving the Indiana Supreme Court and the Indiana Foreclosure Prevention Network was announced today in Fort Wayne.
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IP attorney heads fundraising campaign for United WayRestricted Content

April 14, 2010
Michael Hoskins
Possibly the first practicing attorney to take on a task of this nature, veteran lawyer Don Knebel has set out as the 2010 campaign chair to expand the United Way donor base and raise as much as $40 million this year in central Indiana.
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Re-entry program offers support, services to inmatesRestricted Content

March 17, 2010
Rebecca Berfanger
It's not a secret this is a tough economy. Add in a criminal record and time served, and that only complicates one's situation when looking for a job, housing, treatment, or other services.
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Courts coping with tough timesRestricted Content

February 3, 2010
Michael Hoskins
No one needs to tell Johnson Circuit Judge Mark Loyd how tough times are for the state's court system.
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