Whether you’re being harassed by bill collectors or facing foreclosure on your home, you can be overwhelmed trying to get your finances back on track. Even if things have started looking bleak, you have different solutions that can possibly help you to get your finances back in order. To get started, you are going to walk to speak with a lawyer. If your case qualifies, you may be able to file for Chapter 7 Bankruptcy in Plainfield IN. Your lawyer can help you find out if you qualify for Chapter 7.
In general, Chapter 7 bankruptcy is a form of bankruptcy mean to help people gain control over their finances by paying off their debts. These payments are made through selling off the person’s assets so they have enough money to pay off their debts. You will not, however, have to sell off your main home or car, so you can pay off your debts while still having what you need to live.
There are many different ways a lawyer can help you with a Chapter 7 Bankruptcy in Plainfield IN. For instance, all debt collector calls will cease. Your lawyer will field the calls for you, make sure your creditors know you’re in the process of filing bankruptcy, and will remind them that they cannot contact you during a bankruptcy. Als, you lawyer will help you with filing the numerous amounts of paperwork so that they are completed correctly and turned in on time.
By making sure that everything is done correctly and on time, you stand a much higher chance of being able to successfully file for bankruptcy. This speeds the process along, instead of having to go through an appeals process, so that you can work on how to pay off your debts by selling your assets instead of fielding phone calls and being scared to see the foreclosure notice when you arrive home from work each day.
If you’re worried about your financial situation and think that you may be a good candidate for bankruptcy, you may want to hire a lawyer to find out if you can claim bankruptcy, and if so, what chapter of bankruptcy you qualify for. For more information about Chapter 7 bankruptcies, you can Visit The Wright Law Group LLC to speak with a lawyer today.
