Bankruptcy in Danville
EXPERIENCED BANKRUPTCY ATTORNEYS SERVING DANVILLE, INDIANA
For many people, the thought of filing for personal bankruptcy seems like giving up, and saying goodbye to their future financial goals. Declaring Chapter 7 or Chapter 13 bankruptcy should not be seen as an end to your financial future, but a fresh start and an opportunity to fix your credit, get out of debt, and get back on track to a better tomorrow. With over sixty years of combined legal experience, the bankruptcy lawyers of Redman Ludwig, P.C., help residents of Danville, Indiana get relief from their debts, put an end harassing calls from creditors, stop foreclosure on their homes, and get peace of mind.
CHAPTER 13 AND CHAPTER 7 BANKRUPTCY IN THE STATE OF INDIANA
If you are having a hard time making payments on your credit card bills, mortgage, auto loan, or other debts, there is help. The Chapter 7 and Chapter 13 bankruptcy codes were designed to protect individuals from financial ruin, out-of-control credit card interest, home foreclosure, and repossession of cars. If you qualify for Chapter 7 bankruptcy, you may have to liquidate certain assets to pay off your creditors, usually at a much lower amount than what you currently owe. Some assets are exempt, however, and a skilled bankruptcy attorney can determine if you qualify for Chapter 7 bankruptcy in the state of Indiana and help you keep exempt assets that you don't have to sell.
Under Chapter 13 bankruptcy, your debts are usually reduced and consolidated into a bankruptcy trust, which you'll be required to make monthly payments toward every month. Doing so is the first step toward rebuilding your credit and getting your credit score back where you want it.
If you live in Danville, Indiana, the knowledgeable and compassionate bankruptcy lawyers at Redman Ludwig, P.C., can determine which type of bankruptcy you qualify for and will be the most beneficial to your unique financial situation. We offer free initial consultations, and are ready to put our experience to work for you.
CONTACT US TODAY TO GET STARTED ON REBUILDING YOUR FINANCIAL FUTURE
The recent downturn in the economy has profoundly affected countless residents of Danville, IN. If you live in Danville or anywhere else in Hendricks County and would like more information on qualifying for Chapter 13 or Chapter 7 bankruptcy in the State of Indiana, contact Redman Ludwig, P.C., at (317) 800-6181 for a no-cost case evaluation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.