Will Filing Bankruptcy Provide the Debt Relief You Need?
Myth: Under the new laws, bankruptcy won't discharge credit card or medical debts.
Fact: This is a myth that I often heard after the new laws took effect. Even under the new laws, filing bankruptcy will discharge credit card bills, hospital bills and many other types of unsecured debt. However, there are some debts that bankruptcy won't discharge: student loans, past due child support, certain types of tax debts, and debts secured by property such as your home and your car (these secured debts can only be discharged if you surrender the property back to the creditor).
Filing bankruptcy is big decision. Before you file, you need to know:
- Will filing bankruptcy discharge the types of debts you want to get rid of?
- Will filing bankruptcy cause you to lose any assets you want to keep?
- Are there other solutions, short of filing bankruptcy, that will provide the debt relief you need?
At the Law Office of Colby J. Leonard in Indianapolis, Indiana, we offer a free initial consultation to explain how bankruptcy works and to evaluate whether there are alternatives short of filing bankruptcy that will solve your debt problems. We're here not only to provide legal services, but to help you understand your choices.
There are two forms for bankruptcy protection for consumers: Chapter 7 bankruptcy and Chapter 13 bankruptcy.
Learn more about Chapter 7 bankruptcy.
Learn more about Chapter 13 bankruptcy.
Learn more about bankruptcy alternatives such as debt settlement, tax debt settlement and mortgage debt settlement.
Learn more about the effect of bankruptcy on your credit score.
Are you harassed by creditors? $50.00 is all it takes to retain me as your attorney and help put an end to embarrassing calls at home and at work. Once you have retained me, you can tell your creditors that you have hired a lawyer and to call me from now on!
Free Attorney Consultation
If you are facing debt problems, you have nothing to lose by seeking an attorney's advice. You have a lot to lose by postponing it. Call 317-622-0385 (866-654-5889 toll free) or fill out the contact form on this Web site to arrange a free initial consultation with attorney Colby J. Leonard.
"We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code."
