Submitted by Koehler Law on
Vernon, Indiana Bankruptcy Law Firm Helps Individuals File for Bankruptcy
Jennings County Bankruptcy Law Office
$0.00 Down Files Your Bankruptcy - Available 24/7
Our Indiana bankruptcy law firm understands that the economic crisis is still affecting many people across the country. If you are thinking of filing for bankruptcy in the Jennings County area, it may be difficult to know where to begin. Koehler Law Office in Vernon can help you.
You deserve relief from unanswered questions and unsympathetic creditors. The experienced bankruptcy attorneys at Koehler Law Firm understand your situation and are here to help you through filing for bankruptcy. We can examine your legal debt solution options and guide you through the bankruptcy process. Call Koehler Law Firm to seek debt relief today.
Indiana Bankruptcy 101: Chapter 7 and Chapter 13
There are many decisions to make when filing for bankruptcy as an individual. One of the first is which chapter you will file under. Depending on your unique situation, this could be either Chapter 7 or Chapter 13 bankruptcy. Chapter 7 is the more common way to file in Indiana.
When filing under Chapter 7 bankruptcy, your debts are discharged (cancelled) with the understanding that your assets may be sold to repay creditors. Some debts are not eligible to be cancelled such as student loans, alimony/child support, and court fines. Not all of your assets may be sold, and our Vernon attorneys work hard to protect your valuable possessions.
Chapter 13 bankruptcy is different because you do not have to lose any of your assets. Your debts are reorganized and combined. Over a period of 3 to 5 years, you pay back all or most of your debt. In Chapter 13 bankruptcy, your debts may not exceed a certain amount, and you must be able to prove you can make regular payments on your debt. Koehler Law Firm’s bankruptcy attorneys have the expertise to decide which is the better option for you.
Contact our Jennings County Vernon, IN Bankruptcy Attorneys Today
If you live in the Jennings County area, call Koehler Law Firm in Vernon to ease your concerns and begin your debt relief process. We can travel to meet our clients anywhere in the Jennings County area. Koehler Law Firm’s attorneys have expertise in the ever-changing bankruptcy law in Indiana and the compassion to put your mind at ease. At 0% down to begin filing for bankruptcy, you can begin the process now. Call our law firm today at (812) 645-9945 to schedule a consultation. Don’t face bankruptcy alone. Call Koehler Law Firm today.
