Successfully eliminate debt and take the first step toward financial freedom with the help of Taylor, Chadd, Minnette, Schneider & Clutter P.C. Our bankruptcy attorneys in Crawfordsville and Lafayette, IN help individuals and organizations deal with aggressive creditors, set up payment plans, and prevent repossessions, foreclosures, and wage garnishments.

Why trust us with your bankruptcy case

Experienced legal advisors

Our team has years of experience in bankruptcy law. We understand the emotions and obstacles involved in a bankruptcy case and will help you make the best decision for your situation.

Fast, reliable, and transparent service

When you contact us, expect a swift and straightforward response that addresses your needs as well as inform you of the estimated time and fees involved in your case.

Dedication to the local community 

Our bankruptcy attorneys serve the communities of Lafayette, Crawfordsville, Southport, Lebanon, Indianapolis, Greenwood, and Covington. We understand the unique legal issues faced by people, businesses, and municipalities in Indiana and strive to deliver sound counsel and valuable services.

Receive the legal support you deserve

You don’t need any more stress than what you’re already going through. Schedule a consultation with our bankruptcy lawyers in Crawfordsville, IN, and let us help you review your legal options. 

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Why you should hire a bankruptcy attorney

Protection from aggressive creditors

Bankruptcy lawyers can take immediate collections defense action to protect you from repossessions and creditor harassment. They can also help stop collection agencies from contacting you at home or work by sending out a Cease & Desist letter. 

Proper filing of legal documents

Improper filing of documents could end up delaying your case or even result in its dismissal, causing you to incur multiple filing fees.

A qualified bankruptcy attorney will ensure that all the documents are filled out properly the first time, allowing you to save time and money in the long run.

Knowledge of legal processes

A bankruptcy lawyer will assist you every step of the way, from gathering the necessary documents to selecting the best type of bankruptcy for your needs. Your attorney can also accompany you during the meeting of creditors and speak on your behalf with the bankruptcy trustee handling your case.

What are the different types of bankruptcy?

Chapter 7: Liquidation 

Chapter 7 is the most common type of bankruptcy in Indiana. A court-appointed trustee may sell assets not protected by an exemption, and the net proceeds may be distributed to creditors. 

You may be able to retain basic necessities like your car, house, and retirement accounts, but nothing is guaranteed. While most of your debt will be wiped clean, certain debts like alimony, child support, student debt, some taxes, and liens on property will remain.

Chapter 13: Repayment Plan

Unlike Chapter 7, this kind of bankruptcy lets you retain your assets and settle debt that cannot bankrupt you.

You may repay all of your secured debt and a portion of your unsecured debt over three to five years under a court-ordered plan. The monthly payment amounts are based on your income and the total amount you owe.

Chapter 11: Business Reorganization

Chapter 11 bankruptcy gives firms protection from creditors while they reorganize their assets, debts, and operations.

Chapter 12: Family Farmers 

This provides financially distressed family farmers and fishers with a repayment plan so they don’t have to foreclose on their property or sell their possessions. 

Chapter 15: Used in Foreign Cases  

Chapter 15 allows foreign individuals or companies to file for bankruptcy in the U.S. court system. 

Chapter 9: Municipalities  

This is another repayment plan that allows cities, towns, and other municipalities to reorganize and resolve outstanding debt.

Partner with Indiana’s trusted bankruptcy attorneys 

Court proceedings can be overwhelming to handle on your own, especially if you are already facing the stress of dealing with debt. A trusted bankruptcy attorney will work to eliminate your unsecured debt and guide you toward a fresh financial start.

Schedule a consultation, and let us execute a strategy that focuses on your best interests.