If your finances have gotten out of hand, you may be facing foreclosure and worrying about the numberous debt collection calls you receive each day. It can be incredibly overwhelming, and you may not know where to go for help. Your first step, after deciding to get help for your finances, may be to speak with a Bankruptcy Attorney in Plainfield IN. A lawyer can put an end to the collection calls while you are filing for bankruptcy, help you navigate the legal system, and ensure that everything is done correct.
The first step of filing for bankruptcy is to see what kind of bankruptcy you qualify for and begin the paperwork. Your attorney can help you decide if Chapter 13 or Chapter 7 bankruptcy is best for you. Usually, Chapter 13 involves paying off your debts through monthly payments planned by your attorney and the judge. These payments will usually be smaller than all the individual debts added together, and you may make the payments for three to five years.
Chapter 7 bankruptcy is usually for those who are not candidates for Chapter 13 bankruptcy. In Chapter 7, you will pay off your debts by selling off your assets. These assets can be land, an extra home, or an extra car. In general, you will not have to sell your primary home or mode of transportation. The idea of bankruptcy is to help you, not to make you homeless and jobless.
By reviewing over your finances, your Bankruptcy Attorney in Plainfield IN can help you figure out which type of bankruptcy is good for you. They’ll also field all calls from collectors so that they can be sure that you are no longer harassed every day by the non-stop phone calls. Debt collectors are not allowed to call you during the bankruptcy process, so it’s important that your lawyer field these calls for you.
If you’re worried about losing your home or your bills are getting overwhelming, you may want to Contact The Wright Law Group of Indianapolis for help with your bankruptcy today. They’ll be able to help you decide which one works best for you, file the bankruptcy, and they will help to prevent the debt collectors from harassing you. Instead of worrying another day about your finances, contact a bankruptcy attorney as soon as possible to get the help that you need.
