Financial distress can be nearly crippling. If you are living paycheck to paycheck or have depleted your savings, you may feel overwhelmed not knowing how you'll be able to regain control of your financial situation. You are not alone. Each year, millions of people become trapped financially, often through no fault of their own. Whether you recently lost your job, went through a divorce or are dealing with substantial medical bills, you do not have to live in fear of your financial situation for the rest of your life. Consumer bankruptcy was designed to help people just like you gain a fresh start.

Years of Experience Guiding Clients Through the Bankruptcy Process

For 25 years, attorney Steven J. Halbert has provided debt relief services to clients throughout Indianapolis, Indiana. He is not here to judge your financial decisions. Instead, he is committed to helping you break free from unmanageable debt. Many steps are involved in filing for bankruptcy. Mr. Halbert is committed to addressing all of your concerns, while guiding you through the legal process. Contact his law firm today to learn how you can file for bankruptcy during a free initial consultation in Carmel, Indiana.

Means Test Used to Determine How You Can Gain a Fresh Start

Chapter 7 bankruptcy is designed to provide financial relief for anyone dealing with unmanageable debt and making less than the median income for households of similar size in Indiana. A means test will be used to determine if you qualify for Chapter 7 debt relief.

A mathematical formula will be used to compare your average monthly gross income over the past six months against households similar in size. This would exclude any payments you have received for Social Security or child support.

Even if your income level is more than the median in Indiana, you may qualify for Chapter 7 relief, if Mr. Halbert can prove that mitigating factors have affected your financial situation. However, even if you do not qualify Chapter 7 bankruptcy, you may be eligible for relief through Chapter 13 bankruptcy. This form of consumer bankruptcy is designed to help individuals and families who are inundated with debt but have significant assets they would like to maintain.

Contact Our Carmel Bankruptcy Attorney to Address Your Questions

If you are considering bankruptcy, your mind is likely swirling with questions. Debt relief lawyer Steven J. Halbert has the answers to help you make an informed decision. Contact our law firm in Carmel, Indiana, for a free initial consultation. He will walk you through the legal process so you are not left with any surprises.

Steven J. Halbert's law office is a debt relief agency dedicated to counseling clients according to federal Bankruptcy Code.