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Bankruptcy 101

Understanding Bankruptcy in Indianapolis

Debt is an issue that overwhelms the lives of many individuals throughout the nation. Financial problems are the cause of great stress and anxiety experienced by clients who come to our office. Bankruptcy is a solution to both debt and stress associated with financial pressures. You must, however, fully understand the process and how it can improve your life.

Presumptions regarding bankruptcy, both fact and fiction, significantly impact the decisions that individuals make regarding which form of debt relief to pursue. Prior to making your decision, our Indianapolis bankruptcy attorneys offer legal wisdom and information on the topic of bankruptcy. Contact us today!

Read through the sections that interest you and pertain to your life and financial state.

Chapter 13 Bankruptcy and Student Loans

Typically, student loan debt cannot be discharged through bankruptcy, but it can help in other ways. By filing for bankruptcy under Chapter 13, your debt solution can include the rearrangement of your student loan payments to make them affordable. Read more about Chapter 13 bankruptcy and student loans here.

Divorce and Bankruptcy

Financial problems can frequently arise when there is pressure in a marital relationship and the marriage is dissolved through divorce. Bankruptcy can help you resolve financial issues if you recently divorced and are now suffering from overwhelming debt. Another benefit of bankruptcy is that it can relieve stress that you face during this complicated time.

Healthcare and Bankruptcy

Our Indianapolis bankruptcy attorneys strive to help clients solve the financial strains that are a result of medical bills. As healthcare costs increase and unexpected health concerns arise, you may find yourself in financial trouble. Bankruptcy can be a solution to relieving your present debt caused from doctor and hospital bills.

How to Repair Bad Credit

One major concern that bankruptcy filers bring to our firm is whether they will be able to repair bad credit. The answer is yes. Bad credit repair is a process that will take time, but with careful planning and our firm's legal assistance, you can rebuild your credit score. We can discuss the methods you can implement for credit repair and to regain control of your finances. Read more here about how to repair bad credit.

Problems with Debt Consolidation

Debt consolidation companies offer empty promises and lies that our firm is quick to combat with truth. At Jackson & Oglesby Law LLC, we explain the problems that can arise while working with a debt consolidation company. Our goal is to provide you with strong legal debt relief to improve your future financial circumstances. Call our firm today before making your selection.

Tax Debt and Bankruptcy

Tax debt can typically be discharged through bankruptcy when certain conditions are met. If you have found yourself in debt because of unpaid taxes, you can end your worries by obtaining legal representation from Jackson & Oglesby Law LLC. We can discuss the factors that the IRS will consider to determine whether these debts can be discharged.

Are you seeking debt relief? Call Jackson & Oglesby Law LLC today!

Life is an uncertain journey that can result in financial struggles because of divorce, health concerns, accidents and other expected or unexpected issues. At Jackson & Oglesby Law LLC, we offer the legal guidance you need to know all about your debt situation. Our firm provides you with information on the process to give you the ability to pursue bankruptcy with confidence.

You can obtain a fresh start by contacting our firm for a free bankruptcy evaluation!

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