Merrillville Bankruptcy Lawyers Become Your Experts

When you have questions about your individual bankruptcy case, you need to ask the Merrillville bankruptcy lawyers you have hired. Having gone over your financial situation and having studied up on bankruptcy laws, both for federal and for the state of Indiana, Merrillville bankruptcy lawyers will have the answer.

Hiring Merrillville bankruptcy lawyers might cost between $2000 and $3000, but it’s an investment you have to make to file for bankruptcy properly and make all the right legal decisions. It also costs just to file for bankruptcy, $299 for chapter 7 personal bankruptcy and $274 for chapter 13 personal bankruptcy.

Merrillville bankruptcy lawyers are aware that bankruptcy gives you a fresh start financially, but it does not always wipe out all your debts. A bankruptcy erases most unsecured debts, except for child support, alimony, debts from personal injury or death caused by drunk driving, student loans and income tax.

In either a chapter 7 or chapter 13 bankruptcy case, certain debts cannot be erased such as: debts that you forgot to list in your bankruptcy papers, fines and penalties from violating the law such as traffic tickets and citations, recent tax income, and all the other debts listed above.

Chapter 7 filers can wipe out debt for federal income tax if the IRS has not recorded a lien against them, the taxes were assessed at least 240 days before filing, you didn’t file a fraudulent return, try to evade paying taxes, or have a liability for a tax return.

Your spouse does not need to be involved in your bankruptcy unless they are held responsible for any of the debt with their signature on a contract or agreement.

Naturally, specifics and needs change from bankruptcy to bankruptcy. You need to consult with bankruptcy lawyers to know the best way to proceed.

For experienced, knowledgeable and trustworthy bankruptcy assistance, contact the attorneys from www.legalhelpers.com. Call toll-free 800-260-1402 today for your initial free consultation or come into one of their 100 offices across the country.