Bedford Bankruptcy Attorney – Indiana
Are you looking for a Bedford Bankruptcy attorney? Bymaster Bankruptcy Law Offices is a bankruptcy attorney option for Bedford, Indiana. If you’re struggling to keep up with your debt payments, you may wonder if bankruptcy is right for you.
What are the Types of Bankruptcy?
Chapter 7 and Chapter 13 bankruptcy are two of the most common types of bankruptcy in the United States, which can provide necessary debt relief for financially strained individuals. Chapter 7 bankruptcy can give you a fresh start. It can usually erase all of your debts. Meanwhile, Chapter 13 allows individuals to create a payment plan to pay back their creditors over 3-5 years. Both types of bankruptcies exist to give consumers a fresh financial start, protecting them from collection attempts and helping them get back on track toward credit health. Depending upon an individual’s financial situation, bankruptcy may be the most beneficial path toward achieving debt elimination.
Bedford Bankruptcy Statistics
If you are a Bedford resident considering bankruptcy, you are not alone. Although the total bankruptcy cases have decreased from 2019-2021, the trend for 2022 paints a different story. In the first 11 months of 2022, there was an uptick in bankruptcy cases filed from 2021. COVID-19 had a significant effect on bankruptcy beginning in 2020. Government funding to aid residents during the pandemic decreased the cases filed. Now that those government programs have ended, trends show an increase in bankruptcy cases. Financial forecasters expect to see the number of bankruptcy cases continue to increase due to high inflation rates.
Can I Complete My Bankruptcy Case Virtually?
Bymaster Bankruptcy Law Offices offers both in-person bankruptcy representation and virtual bankruptcy representation. With either option, your bankruptcy case will receive the same level of care. Many Bedford residents who find it inconvenient to visit our office a few times to prepare their bankruptcy case choose our virtual bankruptcy option. The virtual bankruptcy option requires only a smartphone or personal computer. Instead of meeting in person, the virtual option allows you to join the meetings with our attorneys and paralegals online. With either option you choose, Bymaster Bankruptcy Law Offices strives to offer you affordable bankruptcy help.
Bedford Bankruptcy Cost
Attorneys in Bedford usually charge around $1500-$2500 for Chapter 7. Chapter 13 may also require a large amount, down from $800-$4500 down on many Bedford cases. Bymaster Bankruptcy charges much less than this. We never strive to be a cheap Bedford, Indiana bankruptcy option. We keep things affordable while offering high-quality responsiveness and a friendly environment. Our Bedford Bankruptcy rates are as follows:
Bedford Chapter 7 Bankruptcy:
$970-$1170 on most cases (plus the court cost)
(Easy payment plans, you must pay one half before the case filing).
Bedford Chapter 13 Bankruptcy:
$0 down on most cases
(You must pay the $313 court cost to file)
(Some mortgage cases or other case types may require some down)
Deciding to file for bankruptcy is not easy. There are a lot of factors to consider before deciding whether or not it’s right for you. However, bankruptcy might be the right option if you struggle to keep up with your debt payments.
Bymaster Bankruptcy Law Offices offers free consultations. Our attorneys can help you come up with a financial plan. Schedule your free bankruptcy consultation here.