If you have been having difficulty making ends meet due to extensive debt, you may be looking into your options for clearing your name, financially.
Although declaring bankruptcy can seem like giving up, it is actually the exact opportunity people like yourself need to regain control of their lives. Continue reading to learn more about how you can get started with an Indiana bankruptcy petition.
Before You File Your Bankruptcy Petition
Prior to actually filing your bankruptcy petition, you need to get your affairs in order. As part of this process, you need to complete credit counseling.
Here, you’ll be taught how to better manage your money and look through your records to see if there is any way, other than resorting to bankruptcy, to repay your debts. If bankruptcy still appears to be your best option, you’ll be issued a certificate of completion that you must submit with your petition.
What to Include in Your Disclosure Statement
Your disclosure statement should also be turned in with your bankruptcy petition. This describes your financial situation to the judge presiding over your case.
You’ll include your income, expenses, debts, creditors, assets, liabilities, the same information for your spouse, if applicable, and any other pieces of information that can give the judge a better understanding of why bankruptcy is the best option for you and your family.
Get Help from an Indiana Bankruptcy Attorney
To learn more about the bankruptcy process as a whole and which type of bankruptcy could be right for you, meet with an experienced Indiana bankruptcy lawyer at Rowdy G. Williams Law Firm. When you are ready to schedule your free consultation, you can reach us by phone at 1-812-232-7400 or via the quick submission form provided at the bottom of this page.