Sometimes, situations occur that cause financial strain to personal endeavors. Filing bankruptcy may provide an opportunity to get your life back in order. Kainrath Law Firm is an Indianapolis debt relief agency that can provide bankruptcy relief under both Chapter 7 and Chapter 13 of the bankruptcy code. We can help you determine what options are available, and lead you through the process of financial recovery. Kainrath Law Firm will identify if bankruptcy is the best option, and can assist in other alternatives such as working directly with creditors to reduce or eliminate debt.

Chapter 7 Bankruptcy

With Chapter 7 bankruptcy, you may be able to wipe your debts clean, depending on certain criteria such as income, household size, and prior bankruptcy filings. Certain debts, such as child support, some taxes, and some student loans may not be included in the bankruptcy. Contact Kainrath Law Firm to learn alternate ways to pay off these debts.

Chapter 13 Bankruptcy

Chapter 13 bankruptcy gives you the option to repay some or all of your debts over a 3-5 year period. There are less criteria to filing Chapter 13 bankrupcies than Chapter 7 bankruptcies. Chapter 13 bankruptcy allows you to repay taxes, catch up on home or vehicle arrearages, child support, and other debts.

Bankruptcy and lawsuits, garnishments, collection agencies, and foreclosers

Filing Chapter 7 bankruptcy or Chapter 13 bankruptcy in Indianapolis or the surrounding counties will stop certain lawsuits, garnishments, harassing phone calles from collection agencies, and certain home foreclosures.

What to bring to your Free Bankruptcy Consultation

• Credit reports
• Copies of bills of debts
• Prior 3 months bank statements
• Prior 6 months pay stubs
• Prior year's taxes and W2
• Copies of investments and life insurance policies