Offering a Fresh Start Through Chapter 7 Bankruptcy
Since 1993, the lawyers of Hocker & Associates have provided Chapter 7 bankruptcy services to people in Indianapolis and the surrounding parts of Indiana.
We understand that filing bankruptcy is not an easy choice to make. We also know that it is often the most effective choice for overcoming debt and obtaining a fresh start in life. You have the right to have all of your questions answered. Our attorneys will see that your questions are answered and that you get the information you need to make certain bankruptcy is the right choice for you.
What is Chapter 7 Bankruptcy?
Essentially, Chapter 7 is the complete elimination of most debt. It is sometimes referred to as a liquidation, and Chapter 7 petitioners can eliminate credit card debt, medical debt and other unsecured debts, and liquidate only those assets that are not exempt. In most instances, the personal property that you own at the time of filing is protected. With very few exceptions, you will not have to pay your creditors back after you discharge debt. You will be able to move forward and put it all behind you.
Chapter 7 is also a fairly fast process. Typically, everything is wrapped up in less than half a year. That's all the time that stands between you and a fresh start.
Is Chapter 7 Bankruptcy an Option?
You may be able to choose between Chapter 7 bankruptcy and Chapter 13 bankruptcy. However, more often than not, the type of bankruptcy that you must file is dictated by the laws involved and based on your income, expenses and your debt.
We will take great care to see that your case follows the correct path. If you are able to choose between Chapter 7 and Chapter 13, we will guide you to the right choice.
Offering Free Consultations in all Bankruptcy Cases
Contact us today for a free consultation about Chapter 7 bankruptcy. You can turn to us to help you overcome your debt.
