The Right Lawyer in Indianapolis Makes the Bankruptcy Process Easier
Americans in Indianapolis and across the country are dealing with the burden of debt every day. Creditors have become increasingly aggressive in their harassment of individual citizens. However, hiring the right bankruptcy attorney can make all the difference. If you are facing bankruptcy, you need an attorney who will protect your assets, defend your best interests against overzealous creditors and work with the judge to move your case through the courts as quickly as possible. Take the first step towards financial relief and increased peace of mind, by scheduling a free consultation today.
What Type of Bankruptcy is Best for Me?
If you are considering bankruptcy as a means to financial recovery, it is crucial to be informed of the options and the implications of each possible choice. For individuals and families, there are two types of bankruptcy protection. Chapter 7 bankruptcy allows you to completely discharge all of your unsecured debts, but does damage to your credit and remains on your record for ten years. Chapter 13 bankruptcy allows you to reorganize your debts, clearing a path to financial recovery, while minimizing the lasting damage to your credit. While Chapter 7 bankruptcy may seem more advantageous to individuals with substantial debt, depending on your circumstances, it may not be the best option for everyone. Schedule a free consultation with a skilled bankruptcy attorney that will guide you toward the best option for your individual circumstances and fight hard to ensure that you get the protection that you deserve from aggressive creditors.
What Assets are Protected?
Filing bankruptcy can be an intimidating process; many people are concerned that their assets will be liquidated to help pay back creditors. Indiana law dictates what is subject to liquidation, and which of your assets are legally protected. In broad terms, you can expect that your retirement savings, life insurance policies and child support payments are protected, but an attorney who is well versed in bankruptcy law can minimize the damage. Our experienced bankruptcy attorneys can stop the constant harassment and help you hold on to your home while your case is being processed, allowing for time to renegotiate terms.
If you need a bankruptcy attorney in Greenwood, Franklin or the southside of Indianapolis, don't hesitate to give us a call at 317-888-0006 or toll-free 800-319-0064.