Portage Bankruptcy Attorney
Portage Chapter 7 Bankruptcy Lawyer
Cleaning the Slate
Financial problems can dominate your thoughts from the time you wake up until the time you go to bed again. If the stress caused by overwhelming debt has reached the point where you are ready to take action, reach out to a trusted, local bankruptcy attorney for help.
The law office of Jeffrey D. Best has helped people in Portage, Valparaiso, Hobart, Hammond, Highland and all the surrounding areas find debt relief since 1995. We believe in second chances, and we believe in being non-judgmental. When you visit us, we will sit down with you and listen to what has happened in your life that has caused financial difficulty. We will analyze your finances and give you advice, which may include the filing of a Chapter 7 bankruptcy to give you a clean slate.
To speak to an experienced Portage Chapter 7 bankruptcy lawyer about your debt relief options, schedule a free initial consultation with Jeffrey D. Best. Contact us today for a FREE consultation!
How Can Chapter 7 Bankruptcy Help?
Simply stated, filing Chapter 7 in Portage is an option that can free you of your unsecured debts. If you qualify for Chapter 7, your credit card debt and medical bills, along with other unsecured obligations, will be eliminated. We will advise you on all the debts that can be eliminated and the debts that cannot be discharged.
What About Your Property?
It is a common misconception that filing for Chapter 7 means you have to give up all of your possessions. The truth is that through the use of exemptions, negotiations with creditors and reaffirming secured debts, many people are able to keep the things that are most important. Others find that moving into a smaller home and giving up their existing one is a wise decision.
The Benefits Begin Immediately
When you file for Chapter 7 in Portage or anywhere in Lake and Porter Counties in Indiana, you will get immediate relief from creditor harassment and foreclosure. No longer will you have to worry about creditors calling you at home or work. In fact if they do, the law allows you to take action against them. A few months after filing Chapter 7, we will help you complete the final steps, like credit counseling, and then you will be free from debt and ready to start your life anew.
Portage Chapter 13 Bankruptcy Attorney
Making Debt More Manageable
If you have some ability to pay back your debts, a Chapter 13 restructuring may be the best way to get relief from overwhelming debt. Chapter 13 is often used by people who have too much income to qualify for a Chapter 7 debt discharge.
At the law firm of Jeffrey D. Best, our sole focus is helping people find solutions to debt problems. We have more than 15 years of experience doing that for people in Portage, Hobart, Valparaiso, Hammond, Highland and the surrounding areas. We will help you understand the Chapter 13 process, and we will be by your side from the beginning of your case to the end.
To speak to an experienced Portage Chapter 13 bankruptcy lawyer about your debt relief options, schedule a free initial consultation with Jeffrey D. Best. Contact us today!
How Does Chapter 13 Bankruptcy Work?
Filing for Chapter 13 in Portage or elsewhere is different than Chapter 7 because your debts are restructured in Chapter 13 rather than eliminated as in Chapter 7. Restructuring means that your debt is all put into one payment plan, and the court requires you to make only one payment per month. The payment amount is based on many factors including your income. Your payments are applied to secured debt, like your mortgage first, with only a small percentage going to unsecured obligations. At the end of the payment plan you will be caught up on your mortgage, and any remaining unsecured debt gets eliminated.
Why File for Chapter 13?
There are a variety of reasons that you may choose Chapter 13 bankruptcy rather than Chapter 7, including:
- You may not qualify for Chapter 7
- Chapter 13 allows you to protect more of your assets
- Chapter 13 gives you more time to catch up with mortgage payments
- Some tax debts are only dischargeable in Chapter 13 bankruptcy
When you visit our office, you will be able to work directly with experienced Indiana lawyer Jeffrey D. Best, who will explain all the details and give you an honest appraisal of your options. We are here to help, and we welcome the chance to speak with you.
Contact a Portage, Indiana, Bankruptcy Attorney: Free Consultation
You do not have to continue running from debt problems. With help from our law firm, you can get a fresh start. To arrange your free consultation, call or email us today!
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.