Debt has a spiral effect. First, one payment comes due that can only be covered by taking away from another bill. The scenario repeats again and again. Before long, there is nothing left to pay the bills. If you can qualify, Chapter 7 cases are quicker and easier than other bankruptcy cases. Although legal representation is not required to file for bankruptcy, a qualified lawyer can help make the process go smoother.
Experienced Evansville Chapter 7 Bankruptcy Attorney
Our firm founder, John Andrew Goodridge, Esq. has solid experience representing clients for Chapter 7 bankruptcy cases. From our Evansville, Indiana, law office, we work with clients to assess their unique financial circumstances to confirm that personal bankruptcy is the best action to take.
In cases involving Chapter 7, the first step is to determine if a client is even eligible through a means test based on threshold requirements established by the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA). For those who do not qualify, a bankruptcy under chapter 13 often can provide an effective alternative.
Liquidation for a Straight Bankruptcy
Chapter 7 bankruptcy allows clients to release their unsecured debt with no garnishments and no collections. As soon as the papers are filed, writs are extinguished. Clients no longer have to worry about financial catastrophes. They are not going to have to go to jail on a writ for not making a payment or have wages garnished to the point that they can no longer stay in their residences without the threat of eviction. Chapter 7 can offer a fresh financial start for clients to be discharged from credit card obligations, medical bills, personal loans and other unsecured debt.
Indiana Debt Relief Attorney for Chapter 7
Would you like to discuss your situation and Chapter 7 bankruptcy options? To schedule an appointment with John Andrew Goodridge, Esq. please contact us by calling 812-250-4276 or sending us an e-mail.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
