Chapter 13 Bankruptcy Get back to the life you want to live. A life free from debt.

Chapter 13 Bankruptcy Attorney in Greenwood

Your Path to a New Beginning

At the Law Office of Matthew M. Cree, LLC, we have over a decade of experience helping clients find solutions that provide the debt relief they need. Chapter 13 is the second most common form of personal bankruptcy, helping hundreds of thousands of people achieve financial freedom. If you are struggling to pay back your debts, ward off creditors, or attain debt relief through other means, Chapter 13 may be the right option for you.

Call us today at (317) 830-5993 to schedule your free consultation. It could change your life.

What Is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy is designed for those who have a regular source of income. Filers can keep their property, but they must propose a plan to repay a portion of their debt in monthly payments over three to five years. Once the court approves the plan, it appoints a trustee to collect and disburse the plan payments to creditors.

While paying back a portion of the debt may sound unattractive, Chapter 13 has certain benefits not available in Chapter 7, such as stopping foreclosures and repossessions by allowing you to catch up on past-due payments. It also allows for tax debt and past-due student loans to be spread out over a longer period with payments on more favorable terms. Ultimately, Chapter 13 may be the best way to reduce debt without losing your assets.

Frequently Asked Questions About Chapter 13 Bankruptcy

How long does a Chapter 13 bankruptcy last?

Generally, Chapter 13 bankruptcies last for the duration of the payment plan: 3-5 years. The exact length of your plan will depend on your income (compared to the state’s median income), your disposable income, your assets, and how many creditors have filed claims.

What property can I keep in a Chapter 13 bankruptcy?

All of your property! That’s one of the benefits of a Chapter 13 bankruptcy. Because you are repaying a certain portion of your debt, you are allowed to acquire a debt discharge once you complete all monthly payments—without liquidating your assets, as you might in Chapter 7.

Can a Chapter 13 bankruptcy help stop a foreclosure, sheriff's sale, or repossession?

Yes, so long as your repayment plan addresses and funds the arrearage. Not only can it halt a sheriff’s sale or force a lender to return a car, but Chapter 13 bankruptcy allows filers an opportunity to catch up on their past-due payments. These payments can be stretched out over 60-months.

How much does a Chapter 13 bankruptcy cost?

Because we are involved in every step for upwards of 60 months, our fee is a flat $4000, which includes the filing fee to the court. Generally, only $1,000 is required to file your case. You can pay the remaining balance through the course of your repayment plan. This makes Chapter 13 a practical solution, allowing you to reduce what you would otherwise owe to your creditors over the life of your Chapter 13 plan.

Can I include my student loans and tax debt in a Chapter 13 bankruptcy?

Absolutely! Chapter 13 offers the opportunity to spread past-due student loan payments and tax debt out over 36-60 months and often on terms more favorable than what the government offers. Additionally, priority tax debt is paid in full before other creditors, which could reduce the amount you would otherwise need to pay toward credit cards and medical debt.

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Ready to pursue a fresh financial start? Contact the Law Office of Matthew M. Cree, LLC at (317) 830-5993. Speak with a bankruptcy lawyer in Greenwood today!

The Stories That Make a Difference 

Hear it From Our Clients 
  • I had a great experience with Matthew! He made the whole process simple.

    “I had a great experience with Matthew! He made the whole process simple and made sure to stay in touch every step of the process. I definitely recommend him to anyone who may be seeking bankruptcy ...”

    - Justin M.
  • Matt was professional, he handled everything.

    “Matt was professional, he handled everything. He gave me all the instructions I needed to do to get things rolling. Everything went quick and easy.”

    - Deanna B.
  • Attorney Cree made sure he explained everything making sure I understood.

    “Being so young and unknowing of all of my options, Attorney Cree made sure he explained everything making sure I understood. Communication was great not pushy at all. Makes you feel at ease. I’m ...”

    - Lisa L.
  • Mr. Matthew Cree is an AMAZING Attorney! He always answers your questions very promptly.

    “Mr. Matthew Cree is an AMAZING Attorney! He Always answers your questions very promptly. Whether they are by text, E-mail or by direct phone call. He makes everything from start to finish very ...”

    - Kellie C.
  • Every time we had a question or concern he would get back to us that day.

    “He is very professional and prompt! Every time we had a question or concern he would get back to us that day. I recommend anyone to reach out to Matt for any legal advice for bankruptcy! By far the ...”

    - Tyler H.

Meet Matthew M. Cree

Personal Guidance Through the Entire Process
  • Matthew M. Cree Photo
    Matthew M. Cree

    Attorney & Counselor at Law

    A Little About Matt Cree While passing the bar in both Indiana and Texas in the same year, I decided early on to stay true to my roots as a Hoosier and remain close to family in Johnson County, Indiana. For eight-and-a-half years, I practiced with one of the largest law firms in the county where I focused on bankruptcy , consumer rights, foreclosure defense , and general litigation. In 2015, I decided to make the leap and open the Law Office of Matthew M. Cree, where I continue to provide ...

What You Can Expect 

Help Starts Here
  • Experience

    Matt knows bankruptcy inside and out, and has over a decade of experience.

  • Flexibility

    We offer after-hour and weekend appointments to accommodate your busy schedule.

  • Accessible

    Matt is always available to answers your questions. You can expect prompt response times.

  • Personal Attention

    He takes the time to explain the process and walk you through it, step by step.

  • Free Consultations

    Your consultation is free. It's one hour and it could change your life.

  • Empathetic

    Matt has been though bankruptcy before and understands what you are going through.

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