Perez & Perez Bankruptcy

Chapter 7 Bankruptcy

Avoiding Judgment Liens

Indianapolis bankruptcy lawyer avoid judgement lien

  Where do judgment liens come from? When someone sues you for money, whether for a medical bill, credit card debt, repossession balance, or any other debt, if they win the lawsuit, they get a judgment against you.   A judgment is just a court order that says the court agrees that you owe the money to the…

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Mortgage Reaffirmation and Refinancing after Bankruptcy

Reaffirmation and Refinance Mortgage after filing Chapter 7 bankruptcy Indianapolis Indiana

One of the questions we get asked most frequently relates to mortgages and reaffirmation agreements. This usually comes up a few years after you have completed your Chapter 7. You may want to refinance your home mortgage to draw out some equity or because of better interest rates being offered by lenders. The mortgage company says you can’t refinance…

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Saving Money On Your Car Loan Through Redemption

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What is Bankruptcy Redemption? Redemption is authorized by Section 722 of the Bankruptcy Code. Redemption allows someone in Chapter 7 to keep personal property by paying the creditor the Fair Market Value of the item rather than the amount owed on the loan.   It is most commonly used for cars. For example, say your car is…

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Tax Refunds and Bankruptcy

tax refunds and bankruptcy in Indianapolis IN

  It is officially tax refund season! If you normally get a tax refund and have filed or are considering bankruptcy chapter 7, there are a number of issues to be aware of.  Tax Refunds can be Assets in Chapter 7 Bankruptcy Your tax refund is money the government owes to you.  In Indiana, we have limited exemptions for…

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What Personal Bankruptcy Can and Cannot Do

Chapter 7 Bankruptcy and Chapter 13 bankruptcy Indianapolis IN

  Personal bankruptcy can be a good option for people with specific needs, but it can only do so much. Sometimes people are under the impression that bankruptcy can provide more help than it truly does. While it can be disheartening, it is good to have a reality check. Here at Perez & Perez, we can help prepare…

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Looking For A Bankruptcy Attorney in Indianapolis, IN?

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  Do you break out into a sweat every time the phone rings? Is there a large stack of intimidating papers growing on your tables and desks? Is your food pantry becoming more and more empty? We know these concerns can be worrying and even frightening. But you don’t have to remain under the dark…

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