Should I file Chapter 7 or Chapter 13? See definitions below. Call us at 812-314-8404 with your questions. We can help.
Will I lose all my property?
No! The law allows you to protect $10,250 (individual) to $20,500 (joint) of personal property or other real estate.
Will I lose my home?
No! The law allows you to protect $19,200 (indv)- $38,600 (joint) of equity in your home. If you are not current on your home, a Chapter 13 allows you to become current by playing catch up on your mortgage payments. It will stop foreclosure by making a monthly payment each month via the court, assuming that you can afford to make a monthly payment.
Will all lawsuits stop, even though a judgment has been rendered against me before I file?
Yes! Lawsuits stop.
Can I stop my garnishment?
Yes! Once you have filed bankruptcy collections (except child support or criminal) against you must stop!
Will the harassing creditor calls stop?
Yes! Once you have retained my services with the $100 retainer fee, you will start referring all creditor calls to me, an Indiana Bankruptcy Attorney!
Will I ever be able to get credit again?
Yes! Believe it or not, your creditworthiness can improve after filing for bankruptcy, simply because you have eliminated a lot of debt. This normally allows for an improvement of your debt to income ratio. For example, mortgage companies can begin to look at you as soon as 2 years after you have filed bankruptcy. All other creditors will look at you almost immediately after your debts have been discharged in bankruptcy.
Can I be denied for bankruptcy?
No! Almost everyone qualifies for some type of bankruptcy. As long as no fraud is involved or you do not fail to comply with what is required of you in the bankruptcy process.
Will I lose my tax refund or bonus?
Depending upon the time of the year that you file for bankruptcy, you may lose part, if not all, of your tax refund or bonus. Generally, people do not lose all of their refund. The positive side is that you may lose your tax refund but it will be in exchange for all the debt that you will be eliminating.
How much does it cost to get started?
A $100.00 retainer fee.
Call today for a free bankruptcy consultation!
Toll free: 866-663-7090
BUSHHORN LAW OFFICES