Lawsuits and Bankruptcy
For the vast majority of people, one legal action at any one time provides more than enough complication for an entire lifetime. The complication increases greatly if you are involved in a lawsuit of some kind during the legal proceedings of bankruptcy. Especially if there is a financial exchange involved — division of assets in a divorce or a personal injury award — a lawsuit will have a dramatic effect on bankruptcy and possibly vice versa.
It is important to work with an experienced Indiana bankruptcy attorney team. The lawyers of Walton Legal Services can help you understand the interaction between your lawsuit and your debt-relief options. We offer streamlined, personalized legal services for Chapter 7 and Chapter 13 bankruptcy.
Walton Legal Services: More than 30 years | More than 30,000 bankruptcies filed
We will represent:
- Defendants in creditor suits: Because of the automatic stay in bankruptcy, creditors who are suing you for judgment on the debt are stopped in their tracks. All collections activities, even lawsuits, have to cease during bankruptcy proceedings.
- Plaintiffs in personal injury cases: Some of our clients are plaintiffs in their own personal injury cases while they are in the bankruptcy process, or they have already received personal injury or wrongful death awards. It is important to know that you are required to disclose any assets you have, including potential claims. In most cases, clients lose that money to the bankruptcy trustee to pay for the debts.
- Parties filing for divorce: Divorce is a legal proceeding that will have a drastic effect on your bankruptcy proceedings. We can help you get the best result regarding bankruptcy and divorce.
If you are looking for an Indianapolis debt-relief lawyer to help you find the road to financial freedom, call one of our Indianapolis law offices, call our Columbus, Indiana, office or contact us online. We offer free initial consultations, and we give you detailed up-front information about our fee arrangements, so there will be no surprises.
Creditor Harassment
We can also represent you in a lawsuit against your creditor. If your creditor continues collections activities after bankruptcy proceedings have begun, we can sue for violating the automatic stay order so that your rights are protected.
