Is Filing Bankruptcy The Right Choice?
Filing bankruptcy in Indiana can be a tough decision. It is important to consult with an experienced lawyer who can advise you on all of your options. At Golden Law, PC, we have an extensive understanding of the bankruptcy laws and also know other options that may work if bankruptcy is not right for you. Your situation is unique and needs to be treated with compassion and understanding.
We offer a free consultation regarding the decision to file bankruptcy. Call a Fort Wayne bankruptcy attorney at 260-440-7634.
Where Do You Want To End Up?
When deciding whether or not to file for bankruptcy, it is important to think about where you will be two to three years down the road. Bankruptcy can help to get you out from underneath your debt so you can begin restoring your credit now, rather than a few years down the road. Some warning signs that may signal the need for bankruptcy include:
- Credit card companies contacting you
- The inability to pay regular expenses
- Falling behind on debt
- Foreclosure threats
- Property repossession
- Wage garnishment
- Creditors obtaining judgments against you
- Creditor harassment
Financial hardships can wreak havoc on your relationships and your marriage. We will help you get through this difficult time and move on with your life.
Avoid Debt Settlement Companies — Restore Credit The Right Way
Many debt consolidation companies can do more damage to your credit than help. These companies will usually attempt to make lump sum payments to one creditor while your other creditors get put on the back burner. Eventually the creditors who are left behind sue you, causing all sorts of problems, including having your wages garnished and accounts frozen. After this happens, you are no longer able to pay the debt settlement company, so the plan fails and you end up filing bankruptcy in the end.
Filing for bankruptcy now could have you back on your feet in as little as two years. Whereas going through a debt consolidation company might have you struggle for two years until you realize you have to file anyway. We have the legal power to settle your debts and help you restore your credit through either a Chapter 7 bankruptcy or a Chapter 13 bankruptcy. We will work with you to determine what options work best to achieve your goals.
Discuss Your Bankruptcy Options
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.