The Road to Financial Freedom
Chapter 7 bankruptcy is a great option for many people who are buried in debt and cannot find a way out. Although it will not allow you to discharge everything, Chapter 7 could allow you to be free from many of the unsecured debts that you cannot afford.
At Walton Legal Services, our Indiana Chapter 7 bankruptcy attorneys can help you understand the basics of Chapter 7 bankruptcy, and we can help you through the bankruptcy process. We focus on providing efficient debt-relief services while giving our clients exceptional personalized representation. We will help you through every phase of the bankruptcy process so that you can get the debt relief you need. We will explain what bankruptcy will cost you at our first meeting, so you will not be surprised by hidden fees and costs.
Walton Legal Services: More than 30 years | More than 30,000 bankruptcies filed
Discharging of Debts in Chapter 7 Bankruptcy
There are some debts that you cannot discharge, including student loans, tax debts and divorce-related debts involving child and spousal support. However, Chapter 7 bankruptcy discharge will enable you to discharge most unsecured debts, including:
Faster Discharge of Debts in a Chapter 7
Chapter 13 bankruptcy is a debt repayment and reorganization plan, so there is a repayment period that takes place for either three years or five years before debts are discharged in a Chapter 13. In Chapter 7 bankruptcy, the discharge happens very quickly after a request is accepted.
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.
You might be surprised to learn that you may keep your home and your car even if you owe money on them. If you discharge enough of your other debts through Chapter 7 so that you are able to get caught up and keep up with these payments, you can reaffirm these debts, and your lenders will not take your home or car away from you.
