Indiana Bankruptcy Lawyers

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Tell us more about your case so that we can show you lawyers that serve your area.

 

Kruger & Schwartz

Helping People Get Relief from debt for over 27 years

810 East Market Street - New Albany, IN 47150
(812) 945-9200

The Bankruptcy Law Office of Mark S. Zuckerberg, P.C.

333 North Pennsylvania St. - Indianapolis, IN 46204
(317) 687-0000

Smith Carpenter Fondrisi & Cummins, LLC

Smith Carpenter Fondrisi & Cummins, LLC is a full service law firm with attorneys licensed in Indiana and Kentucky. Our attorneys have experience serving the legal needs of individuals, businesses, and non-profit organizations of all sizes.

209 East Chestnut Street - Jeffersonville, IN 47131
(812) 282-7736

Koehler Law Office

$92 To File- Hometown Appointments Anytime-Erase Debt- Hold On To Your House and Car

400 Pearl Street Suite 200 - New Albany, IN 47150
888-288-0888

Jason Allen Law LLC

201 N. Illinois 16th Floor - South Towrer - Indianapolis, IN 46204
317-723-5178

Redman Ludwig, P.C.

Helping people handle debt.

151 North Delaware Street Suite 1106 - Indianapolis, IN 46204
317-685-2426

Nolo Contributor

Law Office of Richard Batesky, Jr.

Helping people who have been hurt personally or financially.

22 East Washington Street Suite 610 - Indianapolis, IN 46204
317-638-3471

Gary L. Griner Attorney at Law

2827 Lincoln Way East - Mishawaka, IN 46544
(574) 255-1776

James K. Tamke, Attorney, P.C.

We are a Bankruptcy Law Firm that has been filing bankruptcy cases since 1987. Don't Feel Guilty, Bankruptcy Is An Honest Solution!

922 East Jefferson Blvd. - South Bend, IN 46617
(574) 289-8788

The Law Offices of Nicholas C. Catsadimas

Bankruptcy and Foreclosure Attorney

205 Jefferson Street - Valparaiso, IN 46383
219-465-6300

Adam D. Decker, Attorney At Law, P.C.

Straightforward Advice regarding Bankruptcy and Personalized Attention to your Legal Needs.

10200 Broadway - Crown Point, IN 46307-8559
(219) 663-7400

Gouveia & Associates

Experienced and professional law advice since 1970. When you are looking for Indiana Bankruptcy Attorneys with experience, call Gouveia and Associates.

433 W 84th Dr - Merrillville, IN 46410
219-525-1038

Ricardo Casas

We are exclusively a bankruptcy law firm. Our legal professionals speak both Spanish and English to better serve the needs of our clients. If you need immediate legal services, we are open 24 hours a day.

6949 Kennedy Av - Hammond, IN 46323
219-554-8998

Kainrath Law Firm, P.C

Get the Facts. Get Yourself Out of Debt

120 East Market Street Suite 1150 - Indianapolis, IN 46204
(317) 687-1000

Doug Allen Bernacchi and Associates [BEST CHOICE] 23 years helping bankruptcy debtors

Live A Debt Free Life!

Serving all of Michiana - (convenient offices call for location near you in MI, IN )
(574) 210-4688

The Situation in the Hoosier State

With businesses closing and unemployment hovering around 10%, Indiana residents are being forced to consider drastic measures to survive the current recession. U. S. bankruptcies filed in 2008 hit record levels with over 39,000 in Indiana alone, and nearly 98% of those filed by consumers. It is estimated that 1.4 million consumer bankruptcies will be filed in the U.S. in 2009, the surge triggered by the foreclosure crisis and economic downturn.

Indiana Bankruptcy Legal Advice

The Federal Bankruptcy Law involves processes, procedures and evaluations which can be complex and confusing, including major revisions made in 2005. Seek the advice of a Indiana law firm with specific long-term experience in Indiana bankruptcy matters. Check references, if possible. A competent Indiana attorney will help you weigh your different options, make informed decisions, help you protect the security of your family and reduce your stress, while facing the realities of the situation.

Chapter 7 - The Most Common Consumer Bankruptcy Choice in Indiana

Chapter 7 is the “fresh start” chapter of the Bankruptcy Code and most commonly used. This filing results in a fair distribution of your available nonexempt property to creditors. Unsecured debts are generally discharged. Included in this process is a “means test”, used to determine your ability to pay your creditors, verifying whether Chapter 7 is appropriate or indicating that you should be filing Chapter 13. Median Family Income by Family Size and current poverty guidelines are factors evaluated when determining appropriate filing status for a given situation.

Debts Which Generally Cannot be Discharged in Your Indiana Bankruptcy:

  • Taxes owed to government agencies, such as the I.R.S., State of Indiana, County, etc.
  • Student loans (unless undue hardship can be proved),
  • Debts incurred after the bankruptcy is filed
  • Debts owed to a spouse for divorce-related obligatory expenses
  • Debts not listed or scheduled or which the debtor waived discharge
  • Debts for willful and malicious injury by the debtor to another person or property owned by another

Alternatives to Indiana Bankruptcy

Contact your creditors to try to work out payment arrangements that you can manage. Contact the non-profit Consumer Credit Counseling service to get help with a manageable repayment plan. Sell as many assets as you can and pay down your debt to a manageable level. Debt consolidation may be considered, but approach this option with caution to make sure it actually helps your situation.

Final Thoughts on Indiana Bankruptcy

Indiana residents continue to suffer, as the State’s economy struggles to recover. If you are considering filing for bankruptcy in Indiana, decisions you make and actions you take now can have a positive or negative effect on the outcome of your bankruptcy proceedings. Although some filers elect to handle their bankruptcy on their own, The U.S. Bankruptcy Court cautions that “Bankruptcy has long-term financial and legal consequences -- hiring a competent attorney is strongly recommended.” Click here to find Indiana attorney resources in your area.

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