In Indiana, the typical foreclosure amount for homeowners is listed at $107,478. If your family is trying desperately to avoid foreclosure, then look more closely at bankruptcy lawyers in indiana. Filing bankruptcy in Indiana is a very cautious thing that has to be thought out carefully, and having help on your side via an Indiana bankruptcy lawyer is smart.
Most Indiana bankruptcy attorneys know all about the Chapter 7 and Chapter 13 kinds of bankruptcy, the first of which you must qualify for after passing a means test which indicates that your family’s income is lower than the median income for a family of your size in Indiana. If you fail the means test, then you have to skip over Chapter 7 and move onto Chapter 13 bankruptcy. And an Indiana bankruptcy attorney can help here.
However, before filing bankruptcy Indiana residents like you may need to start credit counseling to help prevent this problem from happening ever again. Of course, bankruptcy happens to the best of us, with four U.S. presidents including Lincoln, Grant, McKinley and Jefferson having filed during their respective lifetimes. Of course, however, prior to the potentially lengthy process of filing bankruptcy Indiana families and businesses like yours will additionally need to show transparency to your tax or legal professional so the most reasonable and appropriate methods can be taken to hopefully see you through the typical bankruptcy Indiana homeowners deal with and onto more fruitful and positive pursuits that avoid bankruptcy.
More research here: koehlerbankruptcy.com