New Albany Debt Relief Attorney
Learn About Bankruptcy From the Law Firm That Files the Most Cases in Southern Indiana
At Koehler Law Offices, in New Albany, Indiana, we believe that part of our job is to tell people the truth about bankruptcy. With 20 years of experience, we file more bankruptcy cases than any other law firm in this area. We are in an excellent position to provide people with the facts about bankruptcy. And it costs nothing to talk with us.
Call our New Albany law firm at 888-288-0888 toll free for information about bankruptcy. Schedule your hometown visit today.
Myths About Bankruptcy
It's easy to receive bad bankruptcy information. Our attorney, Lloyd E. Koehler, knows all the myths about bankruptcy, including:
- My friends will think I'm a deadbeat. Not true; rather, they will know that you are taking control of your financial situation.
- All my debts can be discharged in a Chapter 7 bankruptcy. Not true; some debts, such as college loans and alimony, cannot be discharged.
- I'll lose everything. Not true; Indiana law allows you to keep the basic necessities of life, even in a Chapter 7 liquidation.
- I'll never be able to buy a house or car again. Not true; car loans are available after bankruptcy, and you can obtain a purchase contract from a seller to buy a house.
- If I file for bankruptcy, my spouse will have to file, too. Not true; if one spouse has debt that belongs to him or her alone, the other spouse does not have to file.
- Filing for bankruptcy will improve my credit rating. Not true; bankruptcy stays on your credit report for 10 years.
- You can file bankruptcy only once. Not true; but you do have to wait eight years before filing another Chapter 7, and you cannot have two Chapter 13 proceedings at the same time.
- Creditors will keep calling you. Not true; creditors must stop calling you once you file bankruptcy. If they continue to call after you file bankruptcy, notify your lawyer right away.
You can start your bankruptcy with a $69 filing fee.
To get straight answers to questions about bankruptcy, call our New Albany law firm. Contact us at 888-288-0888 toll free to learn the truth about bankruptcy myths.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
