Top Pekin, IN Business Bankruptcy Lawyers Near You
120 W. Spring Street, Suite 300, PO Box 649, New Albany, IN 47151
430 West First Street, New Albany, IN 47150
Bonterra Building, Suite 200, 3620 Blackiston Blvd., New Albany, IN 47150
We found a limited number of Business Bankruptcy law firms in Pekin. Below are some of the closest additional firms.
6520 E. 82nd Street, Suite 101, Indianapolis, IN 46250
Jackson & Oglesby Law LLC, serving clients in the Pekin, Indiana area, a reputable legal practice for Business Bankruptcy issues.
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212 West Sixth Street, Jasper, IN 47546
PO Box 1510, 415 Washington Street, Columbus, IN 47202-1510
400 W. Seventh Street, Suite 102, Bloomington, IN 47404
2177 Intelliplex Drive, Suite 251, Shelbyville, IN 46176
7220 Eagle Crest Blvd., Evansville, IN 47715
6219 Vogel Rd, Suite 103, Evansville, IN 47715
8545 US Hwy 31 South, Indianapolis, IN 46227
7117 US 31 South, Indianapolis, IN 46227
221 NW Fifth Street, PO Box 1507, Evansville, IN 47706
101 NW 1st Street Suite 116, PO Box 3556, Evansville, IN 47734-3556
21 SE Third Street, Suite 900, Evansville, IN 47708
Pekin Business Bankruptcy Information
Lead Counsel Verified Attorneys in Pekin
Lead Counsel independently verifies Business Bankruptcy attorneys in Pekin and checks their standing with Indiana bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.
Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.