Benefits of Bankruptcy | Indianapolis Bankruptcy Attorney

People who file bankruptcy enjoy many benefits. These benefits may allow a person to:

Stop garnishments, sheriff sales, and all other collection activities.
Eliminate most, if not all, of a person’s unsecured debt.
Stop IRS and other tax authorities from taking action against a person.
End harassing telephone calls.
Stop real estate foreclosures.
Stop vehicle repossession.

Additional benefits of chapter 13 bankruptcy may allow a person to:

Pay mortgage arrearage over time while protecting the person’s home.
Lower the interest rate on a person’s vehicle loan.
In the case of an over-financed auto loan, a chapter 13 bankruptcy can force a lender to accept the value of the vehicle instead of the amount due under the purchase agreement (also known as a “cram down”).

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Eliminate 2nd mortgages in certain instances.
Repay tax debt over the course of the chapter 13 plan.

Why Call My Bankruptcy Firm

Unsure of whether or not bankruptcy is right for you? Want to see if you are eligible for bankruptcy? I am ready to discuss all your options with you in a free case evaluation. Find trusted, dedicated advice today at John Steinkamp & Associates.

I have helped 1,000s of people to a fresh start
My firm is backed by strong client recommendations
14+ years experience handling only bankruptcy cases
Affordable, hassle-free payment plans

Unsure of whether or not bankruptcy is right for you? Want to see if you are eligible for bankruptcy? I am ready to discuss all your options with you in a free case evaluation. Find trusted, dedicated advice today at John Steinkamp & Associates.

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