Bankruptcy Lawyer Porter County

Bankruptcy Lawyer Porter County

“We’ve Been Helping People from Merrillville and Northwest Indiana Get Out of Debt for 20 Years”

Bankruptcy Lawyer Porter County

If you are struggling to pay your bills, rest assured that you are not alone. Households throughout the United States find themselves in over their heads and relying on credit cards or debts to cover their expenses. Many factors can result in unmanageable debt, such as unemployment, medical issues, business failures, and other unexpected circumstances. Know that there are options for debt relief that can help you move forward without the weight of your debt on your shoulders.

There are many ways that a bankruptcy lawyer in Porter County can help if you are seeking debt relief strategies. At Schmidt Whitten & Whitten, we help clients each day take back control of their finances, and we can help you. Contact us for more information today. 

Which Type of Bankruptcy is Right for You?

Consumers in the United States generally file bankruptcy under either Chapter 7 or Chapter 13 of the U.S. Bankruptcy Code. While some people file under Chapter 11, this is rare for consumers. Each type of bankruptcy has its own pros and cons, such as:

  • Chapter 7 bankruptcyThis type of bankruptcy is relatively quick and discharges most debts without requiring you to follow a payment plan first. However, you do have to relinquish certain property and assets that cannot be protected by bankruptcy exemptions. You also must pass the means test, and you will not qualify for Chapter 7 if you earn too much income.
  • Chapter 13 bankruptcyThis case does not require you to give up any property or assets, and there are no maximum income thresholds. However, Chapter 13 bankruptcy does require you to abide by a payment plan for three to five years before your debts are discharged. This plan involves making a single payment to the court each month, which should be a reasonable amount based on your income.

The right attorney will review your situation and advise whether bankruptcy is a good solution for your situation, as well as which type of bankruptcy is best for you. 

The Bankruptcy Process

If you decide to proceed with a bankruptcy case, our lawyers will then navigate every step of the process for you. This includes:

  • Preparing your bankruptcy petition and all supporting documents
  • Filing the petition with the proper federal bankruptcy court
  • Representing you at the meeting of creditors (341 Meeting)
  • Applying exemptions to protect maximum property in Chapter 7
  • Negotiating for a fair payment plan in Chapter 13
  • Addressing any issues raised by the bankruptcy trustee
  • Ensuring that you receive a successful discharge

Once your qualified debts are discharged, you will be able to move forward without stress over those payments or collection attempts. 

Learn How a Bankruptcy Lawyer in Porter County Can Help

If you would like to learn about the many ways that bankruptcy can help you, contact Schmidt Whitten & Whitten. Contact us for a free consultation and to learn the benefits of hiring a bankruptcy lawyer in Porter County.

Schedule A Free Consultation

At Schmidt Whitten & Whitten, we offer a free consultation during which we will examine the facts of your case and advise you on how best to proceed

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Our Phone Number219-756-0555
Contact via
Our Location200 E. 80th Place
Suite 110
Merrillville, IN 46410
We are a debt relief agency. We help people file for bankruptcy relief under the bankruptcy code. This information is designed for general information only. The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Past results and testimonials are not a guarantee, warranty, or prediction of the outcome of your case, and should not be construed as such. Past results cannot guarantee future performance. Any result in a single case is not meant to create an expectation of similar results in future matters because each case involves many different factors, therefore, results will differ on a case-by-case basis. By providing certain contact information herein, you are expressly authorizing the recipient of this message to contact you via the methods of communication provided.
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