Bankruptcy Lawyers for Goshen and Elkhart County Indiana

EXPERIENCED BANKRUPTCY LAWYERS SERVING GOSHEN AND ELKHART COUNTY, INDIANA

There are few things in life more stressful than financial hardship. Mounting debts, harassing calls and letters from creditors, and sleepless nights spent worrying about your finances can quickly take its toll on your quality of life. If you’re having trouble making your credit card, mortgage, or auto loan payments, or are facing foreclosure or repossession of your car, filing for personal bankruptcy might be the right solution to your financial difficulties. With over 60 years of combined legal experience, the bankruptcy attorneys at Saeed & Little LLP, proudly serve the residents of Goshen, Indiana, can help you find relief from your debt and restart your financial future.

HOW WILL BANKRUPTCY AFFECT MY CREDIT AND MY ABILITY TO QUALIFY FOR LOANS IN THE FUTURE?

Many people mistakenly believe that declaring personal bankruptcy means they will never be able to meet their future financial goals. While filing for Chapter 13 or Chapter 7 bankruptcy in the State of Indiana will usually bring your credit score to an all-time low, and bankruptcy can show on your credit reports for up to ten years, you can immediately begin raising your credit score after bankruptcy.

By faithfully making payments toward your bankruptcy trust or any other debts that remain after bankruptcy, and by obtaining a secured credit card, which is guaranteed by a deposit you make to cover the full credit limit in the event that you are unable to make your payments, you can start to raise your credit score after bankruptcy. The bankruptcy attorneys at Saeed & Little LLP, will work with you before, during, and after your bankruptcy filing to help you restart your financial future and get a fresh start.

WHAT IS THE DIFFERENCE BETWEEN CHAPTER 7 AND CHAPTER 13 BANKRUPTCY?

Under chapter 7 bankruptcy, your assets will be liquidated to pay off your debts, usually at a significantly reduced amount. Not everyone qualifies for Chapter 7 bankruptcy, however, and some debts are exempt from liquidation, meaning you don’t have to sell them as part of your Chapter 7 bankruptcy filing. An experienced and knowledgeable bankruptcy attorney can help you determine whether you qualify for Chapter 7 bankruptcy, and ensure that you get to keep the exempt assets that you don’t have to sell.

Chapter 13 bankruptcy allows you to reduce and consolidate your debts into a bankruptcy trust. After your bankruptcy trust is established, you’ll make regular monthly payments toward that amount until it is paid off. By making these monthly payments on time, you’ll start raising your credit score. If you live in Elkhart County, IN and you’d like to find out which form of bankruptcy you qualify for, the Indiana bankruptcy attorneys at Saeed & Little LLP, are ready to help.

CALL TODAY FOR A FREE CASE EVALUATION

Contact the offices of Saeed & Little LLP, at 317-685-2426 today to speak with a knowledgeable bankruptcy attorney serving Goshen and throughout Elkhart County, Indiana

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.