A Chapter 7 bankruptcy filing gives you a fresh start. It is designed for people of limited income who wish to discharge debts. You may keep your house and vehicles within limits.
If you have a business, it is important to keep in mind that the primary focus of business debt restructuring practices and modern insolvency legislation is not about the elimination of the insolvent entity or entities.
For businesses, the purpose of a bankruptcy filing is to restructure the organization and finances in order to permit the continuation of the business via rehabilitation.
With regards to personal debt and private households, the goal is not simply to dismiss any debts. The purpose is to assess underlying problems, change habits, and eliminate the issues that caused the financial distress, in order to prevent the same financial problems from occurring again.
Talk to us today; we can help you. You don’t have to go through this alone.
Contact Us Today About Filing Bankruptcy
Contact us today to learn more and to see if you qualify for Chapter 7 bankruptcy. Please call us at (765) 342-8474 during regular business hours or contact us online anytime day or night. We respond to the online form by the end of the next business day.