Top Indianapolis Bankruptcy Lawyers Near You

Jackson & Oglesby Law LLC

Bankruptcy Lawyer | Indianapolis, IN

Free Consultation

317-960-4224

Dedicated Bankruptcy Attorneys Leading You down the Road to Financial Freedom

Practicing solely bankruptcy. The attorneys at Jackson & Oglesby are able to give their clients the best representation possible. They pride themselves in knowing the bankruptcy code and using that knowledge to help clients move through the bankruptcy process as smoothly as possible. Jackson & Oglesby Law LLC is dedicated to excellent customer service. The kind of …

The Lohmeyer Law Office

Bankruptcy Lawyer | Serving Indianapolis, IN

Free Consultation

Se Habla Español

812-221-1877

Personal or Business Bankruptcy? We Are Experienced in Helping Southern Indiana Hoosiers with your Debt Relief Options!

Kimberly A. Gilbert Attorney at Law, PC

Bankruptcy Lawyer | Serving Indianapolis, IN

Free Consultation

765-400-3053

Considering Bankruptcy? Go with Experience to Get You on the "Wright" Track! Call us Today!

Get personal, knowledgeable service with our legal team whether you are facing bankruptcy or you need your Social Security Disability Insurance benefits. At the law office of Kimberly A. Gilbert, Attorney at Law, PC, we are here to help you achieve the solution that best suits your needs. Kimberly (Gilbert) Wright has been assisting people just like you for over 15 years to …

Bankruptcy Lawyers in Indianapolis

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Indianapolis Bankruptcy Information

Are You Considering Bankruptcy?

If you're overwhelmed with debt and are looking for legal solutions to solve your financial crisis then bankruptcy may be a great option for you. A skilled Indianapolis bankruptcy lawyer can help determine whether bankruptcy can help eliminate your debt, and get you back on your feet.

Different Types of Bankruptcy Available

Did you know there are various types of bankruptcy that each serve a different purpose and require a different skillset? A Chapter 7 Bankruptcy is one type a bankruptcy attorney may decide is the best way for you to liquidate your assets to pay off creditors. This is especially true if you currently have no income.

On the other hand, a Bankruptcy law firm may select a Chapter 13 Bankruptcy as a way for you to keep control of your belongings while paying back your creditors over time.

Top Questions to Ask When Hiring an Attorney

  • How many years have you been practicing law? How long have you practiced law in the local area?
  • How many cases similar to mine have you handled in the past?
  • What is the likely outcome for my case?

In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.

How to Prepare for Your Initial Consultation

Prepare for your consultation by writing down notes of your understanding of the case, jot down questions and concerns for the attorney, and gather your documents. Remember that you are trying to get a sense of whether the attorney has your trust and can help you address your legal issues. Questions should include how the attorney intends to resolve your issue, how many years he/she has been practicing law and specifically practicing in your area, as well as how many cases similar to yours the attorney has handled. It can also be helpful to broach the subject of fees so that you understand the likely cost and structure of your representation by a specific attorney and/or legal team.

Types of legal fees:

Bill by the hour: Many attorneys bill by the hour. How much an attorney bills you per hour will vary based on a number of factors. For instance, an attorney's hourly fee may fluctuate based on whether that hour is spent representing you in court or doing research on your case. Attorneys in one practice area may bill you more than attorneys in a different practice area.

Contingent fee: Some lawyers will accept payment via contingent fee. In this arrangement, the lawyer receives a percentage of the total monetary recovery if you win your lawsuit. In sum, the lawyer only gets paid if you win. Contingent fee agreements are limited to specific practice areas in civil law.

Flat fee: For "routine" legal work where the attorney generally knows the amount of time and resources necessary to complete the task, he/she may be willing to bill you a flat fee for services performed.

Common legal terms explained

Plaintiff - a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment - A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.

Lead Counsel Rated Attorneys

Lead Counsel's objective process independently verifies attorney records, conferring with state bars across the country and conducting annual reviews to confirm that the attorney practices in the legal categories as indicated, possesses a valid bar license, and is eligible to practice in the specific jurisdiction.