Gary Indiana Bankruptcy Attorney

Bankruptcy Lawyer Serving Merrillville & Lake County

When facing overwhelming debt and financial difficulties, the federal government has provided the opportunity to get a fresh start through filing bankruptcy.  Many families in the Gary area are suffering through loss of employment, medical costs, massive mortgage payment increases or other situation in which they can no longer pay their bills.  In such cases, it is critical that you get legal assistance at once from a Gary bankruptcy lawyer to guide you through the complex process of bankruptcy filing.  In 2005, the laws related to filing bankruptcy were updated and the process is more complicated; however, most people still can qualify for Chapter 7 or Chapter 13, depending up the circumstances they are facing financially. At Legal Remedies Chartered, the legal team can assist clients with any of the following bankruptcy matters:

• Chapter 7
• Chapter 13
• Chapter 7 vs. Chapter 13
• Bankruptcy Process
• Benefits of Bankruptcy
• Credit Repair
• Bankruptcy Timeline
• Bankruptcy Myths
• Creditor Harassment
• Eliminating 2nd Mortgages
• Types of Debt Eliminated
• How Our Process Works

Serving Lake County, South Lake and North Lake

Fighting to stay above water when the debts are thoroughly unmanageable is a frightening and stressful situation; many people are extremely worried about losing their home, their car and other assets due to the inability to keep up with the payments.  When facing such a situation, fast action must be taken.   The longer you wait, the more serious the condition becomes.  With assistance from the legal team at the firm you can end the stress, creditor calls, wage garnishment and be free of most of your debt.  The relief that clients experience after filing for bankruptcy is exceptional, particularly after suffering through months of fear regarding the debt situation. 

Most people filing bankruptcy are hardworking and ethical individuals who have run into a serious financial problem.  In fact, it is likely that many of your friends and neighbors have already taken advantage of the opportunity to start over by filing either Chapter 7 or Chapter 13.  For those who have no hope in paying their bills, a Chapter 7, or "discharge of debt" bankruptcy is likely the best option.  Some believe that they will lose their home in this process, but this is not necessarily the case.  Each case is different and in many cases, the individual does not lose their home, car or other important asset. 

For those who are making a good paycheck but are in serious financial trouble, Chapter 13 is a possible solution for the financial crunch.  This type of bankruptcy gives the opportunity to pay off back debt (usually at a fraction of what is owed) over a 3 - 5 year period.  This allows the individual to get back on track and handle their bills in a manner that they can actually afford.   This is often the type of bankruptcy filed when the individual does not wish to lose assets.

There are a number of requirements that must be provided to the court in order to become eligible to file bankruptcy; it is strongly advised that you get legal assistance if you are considering filing for bankruptcy.  The process is fairly complex and if done incorrectly, you can be denied the opportunity or add time to an already serious problem. 

Office Location:
487 Broadway
Gary, IN 46402
Directions

Contact a Gary Bankruptcy Attorney from Legal Remedies Chartered today.