Understanding Chapter 7 Bankruptcy

Chapter 7 bankruptcy is a powerful tool that consumers and businesses can use to eliminate many forms of unsecured debt. If you are struggling with your finances and feel as though you need a fresh start, an Indiana bankruptcy attorney will be able to provide you with the guidance you need.

To learn more about Chapter 7 bankruptcy and your rights, contact Golden Law, PC in Indiana. We offer a free consultation with an experienced debt liquidation attorney.

Helping You Effectively Eliminate Your Debt

At our Indiana law firm, we help good people through bad times. If you are struggling with financial debt, a Chapter 7 bankruptcy may allow you to:

  • Eliminate or significantly reduce your debts
  • Stop creditor harassment
  • Stop a wage garnishment
  • Stop auto repossession
  • Stop bank account garnishment
  • Re-establish good credit

What Type Of Debts Can I Discharge?

With a Chapter 7 bankruptcy, you can discharge many forms of consumer debts. Debts that may be discharged include credit card debts, medical bills, lease breaks, car repossession balances, mortgage foreclosure balances and most other forms of unsecured debt.

Chapter 7 Provides Immediate Relief

Chapter 7 bankruptcy can help you obtain immediate financial relief. From the moment you file, an automatic stay is created that temporarily halts most creditors from further collection activities, including wage garnishments, auto repossessions and harassing collection calls.

Am I Eligible?

To be eligible for Chapter 7 bankruptcy, you must satisfy a financial means test that takes into account your income and ability to pay your debts. Most of the people who contact our firm are pleased to discover that they are eligible for Chapter 7 relief. If you are not eligible for Chapter 7 bankruptcy relief, you will likely be eligible for Chapter 13.

Contact Us

If you need to speak with an Indiana bankruptcy lawyer, contact our law office in Fort Wayne, Indiana. You may also call to schedule a free consultation with an experienced bankruptcy attorney at 260-440-7634.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.