Chapter 13 Bankruptcy in Plainfield, IN is essentially a reorganization of your debts. Through the court, you acquire this form of reorganization that allows you to settle your debts effectively within a budget. All your debts are listed within one claim that the court evaluates. Your creditors have a chance to attend the hearing scheduled for your case. They also have the right to declare whether or not they wish for the debt to be included in your bankruptcy. To file a Chapter 13 bankruptcy claim, contact the Wright Law Group today.
Bankruptcy and Your Credit
During a bankruptcy, you are not allowed to acquire any new credit-based accounts. This includes purchasing properties such as houses and cars. However, after your bankruptcy is discharged, you can begin to rebuild your credit through financial counseling. The bankruptcy will remain on your credit report for several years. Credit counseling through your bankruptcy attorney can assist you in re-establishing your credit.
Local Attorneys
The Wright Law Group LLC provides you with assistance before and after a bankruptcy claim. These attorneys help you determine which debts are eligible for this debt-relief solution, which could become discharged, and which may require negotiation of settlement. Once these factors are determined, the attorneys file your bankruptcy claim and attend this hearing with you to argue your case and protect your interests. After the conclusion of your bankruptcy case, these attorneys provide counseling to assist you in maintaining your finances and rebuilding your credit. To discover the wealth of services offered by the Wright Law Group, contact them today at their local number listed on their website at
Thewrightlawgroupllc.com.
Summary
Chapter 13 Bankruptcy in Plainfield, IN consists of reorganization of debts. These claims present all your debts into one case and they are evaluated by a judge and your creditors. All of your creditors attend the hearing scheduled for your case. They are allowed to state whether or not they wish for their account to be listed within the claim. These creditors have a right to refuse inclusion. However, if they refuse, your attorney could devise strategies to negotiate a settlement. If you are ready to file a bankruptcy claim today, contact this local law group and schedule an appointment.
