Asset Protection Through Bankruptcy
When bankruptcy comes up, the thing that people fear the most is being left on the streets without an asset to their name. And while popular depictions of bankruptcy may show just that, the truth is actually very different. In fact, many people have already discovered that bankruptcy can actually be a major help when it comes to holding on to their possessions. Whether it is your car, your home, your land, or any other asset, bankruptcy can help you hold on to them.
Asset protection can be achieved in a number of different ways, and a qualified Indianapolis asset protection lawyer can be instrumental in helping you find those ways. Here, at Walton Legal Services, we tailor a custom made plan for each one of our clients that is designed to help them get back on a stable financial footing, without having to lose the things that are important to them.
Customizing a financial plan for you
It can take very careful planning to protect your assets through bankruptcy, which is why we make sure to review each one of our clientís financial situations and their goals. After this, we will make an informed decision as to whether a Chapter 13 bankruptcy or a Chapter 7 bankruptcy is better to your situation. We will explain to you what your rights are when it comes to keeping your possessions. We will also make sure that all your rights are explained to you in easy to understand terms.
Once bankruptcy is filed the law requires that all collection activity must stop immediately. Whether it is for your car or home, an automatic stay insures that your assets will not be taken.
Ensure your financial stability with an attorney
So if you are looking for a debt-relief lawyer in Indianapolis or Columbus to help you keep your assets and protect you after filing, call us up today. You can reach us at either our Columbus office, or our Indianapolis office, or contact us online. We will give you all the information regarding your personal situation.