Trucking Bankruptcy Lawyer in Indianapolis, IN
Are you the owner of a trucking company trying to decide whether now is the time to file for bankruptcy in the Indianapolis area? It’s an important decision that can impact your personal and professional life in many different ways.
More than 23,000 bankruptcy matters are filed in the State of Indiana each year. There can be a stigma surrounding bankruptcy protection. The reality is that it’s not uncommon and can be beneficial to you in the short and long term.
Read on to learn how an Indianapolis attorney can help your trucking business file for bankruptcy.
Knowledge and Experience
A reputable bankruptcy law attorney will have knowledge and experience that will help before and after you file your petition. The bankruptcy courts are part of the federal system which is unfamiliar to most state court practitioners.
Hiring a bankruptcy lawyer will give you insight into how the system works. It will also give you access to the best options to resolve your situation. If you represent yourself in court, you are entering foreign territory. You may not receive the fair shake you deserve.
A bankruptcy attorney must be admitted to the Bar in a state and then be sworn into the federal district court where they practice. This means that there is a stringent process an attorney must go through before they can handle your case.
Navigate the Filing Process
The bankruptcy system is a large realm with many different nuances and other rules that can make a big difference in your matter. As a business owner, the three main chapters for filing are under Chapter 7 bankruptcy, as well as chapters 11 and 13.
Each one of these chapters has specific sets of rules and qualifications for filing. If you seek bankruptcy under the wrong chapter, a court may dismiss your petition.
As a business owner, you may have also used your assets to fund your company. This can mean being the personal guarantor on business debt. If your company is struggling to survive, you may not be able to afford to keep it afloat yourself.
A bankruptcy lawyer will help you decide if filing a petition for yourself and your company makes sense. They can also help you do it the right way the first time so that your case stays on track in court.
Deciding to File for Bankruptcy
The decision to file for bankruptcy is an important event in each debtor’s life. You can help control some of the unknown and anxiety you have by seeking out a trusted advocate to handle your case.
At the Bankruptcy Law Office of Mark S. Zuckerberg, Mr. Zuckerberg has more than 34 years of experience handling bankruptcy matters for clients throughout Indianapolis. He understands that filing bankruptcy is a life-changing choice for each client and is dedicated to giving each client the care and attention they deserve.
Contact Mr. Zuckerberg today to learn about his services and set up a free consultation to discuss your bankruptcy options!