Attorney Steven J. Halbert Wants You To Know The Facts Of Chapter 13 Bankruptcy

Chapter 13 bankruptcy is just one of several types of bankruptcy that can help if you are struggling to pay your bills and are overwhelmed by debt. Chapter 13 bankruptcy is not right for every person or situation, but a bankruptcy attorney can help you determine if it is the right fit for you. There are several things to consider if you are trying to determine if Chapter 13 bankruptcy is beneficial for your situation. If bankruptcy may be an option for you, let Indianapolis lawyer Steven J. Halbert help.

Can You Afford A Payment Plan?

Chapter 13 bankruptcy is designed for people who can afford to pay some of their debts, but not all of them. If you file for Chapter 13 bankruptcy, you may be required to pay back some unsecured debts. Bankruptcy attorney Steven J. Halbert can help you determine what you can afford to pay, and help make arrangements for a manageable repayment plan.

Do You Want To Keep Your Assets?

Many people choose to file Chapter 13 bankruptcy in Indiana because it does not require them to liquidate their assets to pay back creditors. That means you may be able to keep your home, car and other assets, but still find relief from your debt.

Do You Want to Get Rid of All your Debts?

Chapter 13 allows you to discharge debt that you cannot get rid of in a Chapter 7 bankruptcy.

Do You Want To Keep Your Home?

If you are behind on your mortgage, a Chapter 13 may be the only way to keep your home if your mortgage company does not want to work with you.

Do You Owe Back Taxes?

A Chapter 13 may be the best way to resolve tax liability on a payment schedule that works for you.

Can You Follow A Repayment Plan?

Chapter 13 bankruptcy involves a repayment plan that must be followed by anyone who files. You must make your payments on time and, if you fail to make them, you could get into more financial trouble and become responsible for the entire balance of your debt. Your attorney will make sure your payment plan is realistic and something you can easily follow.

Bankruptcy Attorney Steven J. Halbert Can Help You Decide What Type Of Bankruptcy Is Right For You

If you are in Central Indiana and having a hard time paying your bills or are ready to file for bankruptcy, let attorney Steven J. Halbert help you. Filing for bankruptcy is a big decision. Work with someone who wants to help you do what is in your best interest. Call Steven J. Halbert today at 765-577-5290.