You may be able to keep your car and home with the aid of a qualified Indianapolis bankruptcy attorney
When your creditors are threatening to take your home and your car an Indianapolis bankruptcy attorney may be able to come to your rescue. And now, thanks to Total Bankruptcy, you may find a qualified Indianapolis bankruptcy attorney by calling 1-877-349-1309 or by filling out our secure online evaluation form.
Get quality debt protection individually designed for you
Total Bankruptcy was designed to help consumers learn about their debt protection options. In addition to finding information on Chapter 7 and Chapter 13 filings, you get a free, no obligation initial assessment of your financial situation from a sponsoring Indianapolis bankruptcy attorney of Total Bankruptcy.
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151 North Delaware St. Indianapolis, IN 46204 Map | Directions | Case Evaluation |
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30 East Main St. Indianapolis, IN 46032 Map | Directions | Case Evaluation |
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Bankruptcy laws are very complex and your first step should be to retain an Indianapolis bankruptcy attorney you may trust and who should treat you with respect and dignity. Every sponsoring lawyer of Total Bankruptcy has been personally selected by Kevin Chern. Mr. Chern is one of the nation's experienced consumer debt consolidation lawyer and he only recommends experienced lawyers to help you get out of debt and on with your life.
Once you have legal representation you may relax. Your financial assets should be analyzed and a plan should be implemented that will work best for you.
Filing under Chapter 13 or Chapter 7
Filing under Chapter 13 protection may be better for you if you are late on your mortgage or automobile loan, and you want to get current with these payments and keep your property. Another reason to file under Chapter 13 may be if a large percentage of your debt involves unpaid federal taxes, and you have the ability to repay them over time. Chapter 13 may also protect anyone who cosigned on an auto or personal loan for you. If you default on your payments, your creditor may go after your cosigner for the full amount of your debt.
Chapter 7 may be a better option if most of your debts are unsecured, such as credit card debt, medical bills, personal loans or judgments from automobile accidents. When you file either Chapter 7 or Chapter 13, a reaffirmation agreement may be negotiated in which you agree to continue making payments in exchange for your right to keep the property. Chapter 7 has become such a viable option because the law affords very broad protection to you against your creditors. In addition, your opportunity to rebuild your credit after is greater than ever before.
Current bankruptcy laws
It is growing more expensive for a Indianapolis bankruptcy attorney to help their clients discharge their debts through a Chapter 7 proceeding. The current law imposes a strict and complicated "Means Test" that restricts your ability to qualify for Chapter 7 or Chapter 13 protection. It also requires you to consult with a debt counselor before you file and imposes sanctions if your Chapter 7 is denied or changed to a Chapter 13.
Click Here For a Free Bankruptcy Evaluation
The purpose of this web site is to help you learn everything you need to know about bankruptcy, the process, your bankruptcy attorney and your legal rights. The best place to start is with the U.S. Bankruptcy Code. It delivers protection to people in financial jeopardy who are suffering under mountains of debt. Bankruptcy is your legal right.