Are you feeling overwhelmed by a mountain of debt? Are you seeking a feasible solution that can help you regain control of your financial situation? If so, you’re not alone. Many Hoosiers find themselves in similar circumstances, and fortunately, there’s a way forward. Chapter 13 bankruptcy could be the option you need, and our team of Highland Chapter 13 bankruptcy attorneys at Whitten & Whitten are here to guide you through every step of this complex process.
Chapter 13 bankruptcy, often referred to as a wage earner’s plan, is a legal option designed for individuals and businesses who wish to repay their debts over time. This option is better suited for those who do not qualify for Chapter 7 bankruptcy, which involves the liquidation of assets. Here’s what you need to comprehend about Chapter 13 bankruptcy:
Filing for Chapter 13 bankruptcy in Indiana triggers what is known as an automatic stay. This provision prevents creditors from collecting debt payments, giving you some much-needed peace of mind and space to breathe. However, it’s vital to note that child and spousal support payments are not affected by this stay.
After your repayment plan is satisfied, the court may discharge your remaining unsecured debts and close your Chapter 13 bankruptcy case. Although a closed Chapter 13 bankruptcy stays on your credit report for seven years, it provides an opportunity to start rebuilding your financial health and take charge of your future.
Navigating the waters of bankruptcy law can be daunting, but you don’t have to do it alone. Our experienced bankruptcy lawyers at Whitten & Whitten can provide the guidance you need to protect your rights throughout the process. We offer a free consultation to examine the facts of your case and provide advice on the best course of action.
Our Highland Chapter 13 bankruptcy attorneys understand the emotional toll financial struggles can take. We’re here to offer professional, empathetic, and reassuring guidance. With our skills, we’ll help you navigate the intricacies of bankruptcy law, ensuring you understand each step and empowering you to make informed decisions.
Bankruptcy is not the end; it’s a fresh start. It’s an opportunity to reclaim control over your finances and take the first steps toward a debt-free future. Let us help you turn the page and start a new chapter. Contact Whitten & Whitten today to schedule your initial consultation with our Highland Chapter 13 bankruptcy attorneys.
These guys really took me out of a tough time. Really down to earth and made me feel at easy. Would recommend
I would suggest Whitten & Whitten and the whole office. They helped me and were so helpful and friendly. Thank you for getting me back on track.
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