Bankruptcy is more common and the stigma regarding it has started to fade. Bankruptcies can be caused by major negative financial events such as the loss of a job, large medical bills, and divorce. Our attorneys listen and ask you to explain your specific situation. If bankruptcy is not the right option for you, we explain your bankruptcy alternatives. If bankruptcy is the proper process for you, we explain the entire process.
Here are some common questions our clients ask:
- Is bankruptcy right for us?
- Can you stop foreclosure on our home?
- Should we file Chapter 7 or Chapter 13 bankruptcy?
- How long will a bankruptcy remain on my credit report?
- What do we need to do to file bankruptcy?
Typically bankruptcy is the correct option when your debts greatly exceed your income and assets. It is important that you seek the advice of one of our bankruptcy attorneys to see if you qualify and if bankruptcy is right for you. We can be reached at 317-770-0000. Regardless of whether filing bankruptcy is the correct option for you, we answer all of your questions about the bankruptcy and non-bankruptcy options.
If you file a Chapter 7 bankruptcy, you will get rid of most, if not all, of your debts. A Chapter 13 bankruptcy gives you a reasonable payment plan with your creditors over three to five years. Regardless of whether you file a Chapter 7 or a Chapter 13 bankruptcy, this process looks at the total amount of debts and liabilities and provides a method in which the debtor will be able to keep a portion of their assets while providing relief from some or all of the debt. Some types of debts cannot be discharged.
Attorney Julie Camden represents individuals in both Chapter 7 and Chapter 13 bankruptcy. She offers free consultations and fixed fee arrangements for almost all bankruptcy cases. Chapter 7 bankruptcy and Chapter 13 bankruptcy for consumers require a skilled professional to help you through this stressful process. We will inform you about bankruptcy and non-bankruptcy options. However, our approach is to use bankruptcy as a last resort. Thus, if we believe we can settle your debts, or assist in resolving your mortgage, we may provide bankruptcy alternatives to you. We can also assist with foreclosures, loan modifications, short sales, or debt consolidation in the Indianapolis and surrounding areas. If you choose to file bankruptcy, we will educate you about ways to get creditors off your back, and we can help you get a fresh start. If we file a Chapter 7 or a Chapter 13 bankruptcy for you, we can stop wage garnishments, liens, and levies.
Please follow the links below to learn more or contact Attorney Julie Camden to discuss your specific situation.