Indianapolis Chapter 7 bankruptcy attorney
About Chapter 7 bankruptcy
Nobody wants to file bankruptcy. However, all too often my clients are left with no other options. Whether their problem stems from medical bills, credit card debt, divorce, pay day loans, repossessions, law suits or judgments, doing nothing can make a bad situation even worse “quickly”. As many of my clients say, “they are tired of robbing Peter to pay Paul”. If this sounds like your situation, you may want to consider bankruptcy.
The most common type of bankruptcy is a chapter 7 which is often referred to as a “liquidation” proceeding. The objective of a chapter 7 is to discharge as much of your debt as possible while protecting as many of your assets as allowed by law. Many of my clients are shocked when they learn they are allowed to keep most if not all their property including cars, retirement accounts, cash, household goods and furnishings. The entire process usually only takes 4 to 6 months. The filing of a chapter 7 almost always provides immediate relief. Once a chapter 7 has been filed, creditors are forced by law to immediately stop
- Harassing phone calls
In a chapter 7 bankruptcy you do not make payments to your creditors, unless there is a debt “YOU” decide you want to keep paying.
If you would like more information or are interested in an absolutely FREE consultation, call our office now. We are one of Indiana’s largest consumer bankruptcy firms and would be happy to assist you. Take the first steps to get you back on your financial feet. We have helped tens of thousands of Hoosiers just like you. Not a failure, but a fresh start.