On behalf of Lynch & Belch, P.C. | Feb 25, 2020 | Chapter 13 Bankruptcy
If you are an individual with heavy debt who does not qualify for a consolidation loan, filing Chapter 13 bankruptcy may be a good choice for you. It works similarly to a consolidation loan in that you make only one payment a month. Your bankruptcy trustee then...
On behalf of Lynch & Belch, P.C. | Jan 21, 2020 | Chapter 13 Bankruptcy
Our law office knows that there are many options to choose from when it comes to filing for bankruptcy. Each approach is ideal in different situations, but in this blog, we will look at some of the advantages of Chapter 13. For starters, we know that some people are...
On behalf of Lynch & Belch, P.C. | Dec 6, 2019 | Chapter 13 Bankruptcy
There are three kinds of debt involved in Chapter 13 bankruptcy: priority debt, secured debt, and unsecured debt. While you should expect to pay your priority debts and secured debts, unsecured debt is a different story. Depending on your ability to pay, you may be...
On behalf of Lynch & Belch, P.C. | Sep 23, 2019 | Chapter 13 Bankruptcy
You work long, hard hours making money to support your family. But, although you have a steady job, money is getting harder and harder to come by. Bankruptcy is not a happy subject to talk about. Losing everything, even after doing what you can to bring money in...
On behalf of Lynch & Belch, P.C. | Sep 10, 2019 | Bankruptcy, Chapter 13 Bankruptcy
When you file Chapter 13 bankruptcy in Indiana, it is important that you understand this type of bankruptcy requires a repayment plan. Unlike Chapter 7, which erases your debts, Chapter 13 allows you to restructure your debt so you can afford to pay it off or at least...
On behalf of Lynch & Belch, P.C. | May 3, 2019 | Chapter 13 Bankruptcy, Firm News
You’ve fallen behind on your credit card payments due to financial insolvency and a massive debt load. You know that you need to pay, but are way over your head. Then, you start receiving texts and emails from creditors urging you to pay up. What’s going...
