Bankruptcy in Kokomo
DEBT RELIEF FOR RESIDENTS OF KOKOMO, INDIANA
Like the rest of the country, Kokomo has been profoundly affected by the recent economic recession. If you are experiencing financial hardship, you may be having a hard time making your credit card, auto loan, and mortgage payments, and could be facing foreclosure or repossession of your car. While many people find the idea of filing for personal bankruptcy intimidating, it is frequently an effective solution for finding relief from your debts, stopping foreclosure, and restarting your financial future. Serving the residents of Kokomo, Indiana, the experienced bankruptcy attorneys at Redman Ludwig, P.C., can help you determine whether bankruptcy is the solution to your financial difficulties.
CHAPTER 13 AND CHAPTER 7 BANKRUPTCY IN THE STATE OF INDIANA
The first step in declaring bankruptcy is determining which form of bankruptcy is right for your financial situation. If you qualify for Chapter 7 bankruptcy, your assets will be liquidated to pay off your debt, usually at a significantly reduced amount. However, some assets are exempt from bankruptcy, and it's important that you get advice from a knowledgeable bankruptcy lawyer who can help you keep the exempt assets that you don't need to sell as part of your Chapter 7 bankruptcy filing.
With Chapter 13 bankruptcy, your debts are reduced and consolidated into a bankruptcy trust, toward which you will make monthly payments until the balance is paid off. By faithfully making these payments, you can raise your credit score after bankruptcy and get back on track to obtaining your future financial goals.
DEDICATED TO OFFERING EXCEPTIONAL SERVICE TO KOKOMO RESIDENTS
With over 60 years of combined legal experience, the bankruptcy attorneys at Redman Ludwig, P.C., are ready to help you navigate the complicated bankruptcy code, and can make the bankruptcy process as painless and stress-free as possible. We understand how devastating financial hardship can be, and take pride in offering committed and compassionate service to each of our clients. We offer free initial consultations, so it costs you nothing to speak to an experienced bankruptcy lawyer to determine whether bankruptcy is right for you.
CALL TODAY FOR A NO-COST CASE EVALUATION
If you live in Kokomo, IN or anywhere else in Howard County and would like to speak to a skilled Indiana bankruptcy lawyer about your financial situation, contact Redman Ludwig, P.C., at (317) 800-6181 to schedule a free consultation with one of our bankruptcy attorneys.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.