We know these concerns can be worrying and even frightening. But you don’t have to remain under the dark cloud of what an attorney would call insolvency. If you are having trouble paying your debts, you are certainly not alone in the fight. Perez & Perez can ease your burden as your bankruptcy attorney in Indianapolis, IN.
If you haven’t had any prior bankruptcies within 8 years and you can show that you are unable to pay your unsecured debts, you may qualify for Chapter 7 bankruptcy. Chapter 7 is a way of asking the court to look at everything you own and see if there is anything that can be liquidated to pay your creditors. But if you have proper representation, you may be able to keep your possessions due to Indiana exemption laws. That is why it is so important to hire a competent and experienced law firm like Perez & Perez to be your bankruptcy attorney in Indianapolis, IN.
If your income is too high to qualify for Chapter 7, you may have options under Chapter 13 bankruptcy. Chapter 13 allows you to pay a portion of your debt based on what you can afford. You can also prevent foreclosure on your home with Chapter 13 by forcing your mortgage company to give you 5 years to catch up on your payments. And if you have car loans, RV loans, or other secured debts, they can also be restructured under Chapter 13. The interest can be lowered to 4 or 5 percent, and in some cases, we can also reduce the amount you pay to the value of the item, rather than the amount owed.
Your Bankruptcy Attorney in Indianapolis, IN
The first step in filing for bankruptcy is to choose Perez & Perez as your bankruptcy attorney in Indianapolis, IN. Our licensed bankruptcy attorneys personally answer the phone when you call, and meet with you for every appointment throughout your case. We can advise you on how to deal with calls and collections actions from day one. We then set you up with a payment plan for the attorney fees and costs associated with filing your case. After gathering some basic documents from you (pay stubs, tax returns, etc.) we then create a rough draft of your petition. We then meet with you for a “signing appointment” where we will review your case together and update it for filing with the court. We want you to be comfortable with the whole process, and you will have plenty of time to ask questions before filing the case.
Don’t wait until it’s too late! Call Perez & Perez at (317) 634-5968 and get yourself a bankruptcy attorney in Indianapolis, IN that really cares about your situation. It is sometimes difficult to ask for help, but it’s the first step to taking control of your finances and getting out from under the weight of debt.