In the midst of financial turmoil, Chapter 7 bankruptcy can be like a ray of sunshine. It offers individuals a fresh start, liberating them from the weight of mounting debt, paving the way for a brighter financial future. With a clean slate, Chapter 7 bankruptcy can be the ticket to a debt-free life in Indianapolis.
At Brock Legal, we focus on Chapter 7 bankruptcy, providing a lifeline for individuals drowning in unmanageable debt. In this process, known as liquidation, a debtor’s nonexempt assets are sold to distribute proceeds to creditors, granting debtors relief from most outstanding debts. Our professional bankruptcy lawyers evaluate the financial situation of each client, determining if Chapter 7 is the best route for debt relief, ensuring they meet the necessary income criteria and undergo credit counseling.
We excel at navigating the intricacies of Chapter 7 bankruptcy, striving for “no asset cases” where clients retain all their assets. We assist clients in choosing the most suitable exemptions under Indiana law, which may include protecting items like clothing, household goods, and retirement plans. After selling nonexempt assets and paying creditors, remaining debts are discharged, offering a fresh start to those burdened by financial troubles. In addition to helping discharge debt, we can stop garnishments, foreclosures, and bank levies while our clients rebuild their credit and regain control of their financial futures.
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