Can I Keep My Car?
Providing that you are current on the car payments and the vehicle is insured, we can list your intention as "reaffirm," and you will continue to make your regular monthly payments. Doing so may allow you to keep possession of the vehicle.
If you wish to surrender the vehicle because you are not able to afford the payments, this can be accomplished through bankruptcy. Through this process, your car loan lender will retain possession of the vehicle, but you will not be liable for any deficiency.
Should I Hire an Attorney? Can't I File for Bankruptcy on My Own?
Filing for bankruptcy is a difficult legal process. You can hire a bankruptcy attorney from our firm to help you resolve the complex issue and reduce your own stress. By working with an experienced bankruptcy lawyer, we can make sure that you are taking the rights steps.
If you have any questions or concerns, these can be answered in as efficient manner as possible. Furthermore, your Indianapolis bankruptcy lawyer can represent you at the hearing before the bankruptcy trustee or judge. We can also help cease any creditor abuse or harassment actions that are committed against you. Above all, we can pursue for your best interest and help you get your finances resolved.
Can I File for Bankruptcy a Second Time?
You may be curious as to whether you can file for bankruptcy a second time to reutilize this financial relief. With certain restrictions, you will be able to file more than once. You can apply for a Chapter 7 bankruptcy twice if a period of eight years has elapsed between bankruptcies. If you previously filed for a Chapter 13 bankruptcy, you can file for a Chapter 7 bankruptcy after 6-year lapse. A Chapter 13 bankruptcy can follow a Chapter 7 bankruptcy if there is at least a 4-year gap. Chapter 13 bankruptcies can be repeated within 2 years of one another.
Indianapolis Bankruptcy Lawyers Can Answer Your Questions
As you file for bankruptcy in Indiana, we can help you pursue each step of your case. You will likely have many questions and concerns throughout the process. At Jackson & Oglesby Law LLC, we offer personalized service, and you can always meet with an attorney, even during the evening. Every individual has a unique situation, which is why we can discuss all possible debt relief options during a free bankruptcy evaluation.
We strive to make the process as simple as possible for our bankruptcy clients so that they can receive the debt relief they are seeking. Contact us today to learn more about your options!