Foreclosures impact consumers as well as corporations. Indiana currently ranks as number three in the nation for the number of foreclosures filed. One in every 656 housing units in Indiana received a foreclosure filing as of March 2014. Nationally, 1 in every 1,121 housing units received a foreclosure filing in March. Indianapolis area residents facing foreclosure may file a Chapter 13 reorganization to keep their real estate. An experienced Indianapolis bankruptcy attorney like Portia Douglas can help residents to work out a solution.
In the event that a person facing foreclosure is unable to accomplish reorganization, they too can convert to a Chapter 7 bankruptcy and wipe the debt clean.
http://www.bankruptcyhappens.com/fighting-survival-experienced-indianapolis-bankruptcy-attorneys/
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