Chapter 7 Bankruptcy Get back to the life you want to live. A life free from debt.

Greenwood Chapter 7 Bankruptcy Lawyer

Searching for Debt Relief?

The Law Office of Matthew M. Cree, LLC is here to help you assess your debt relief options. For many of our clients, Chapter 7 bankruptcy is just the solution they need to get a fresh financial start. Having been through bankruptcy before, Attorney Matthew M. Cree has extensive knowledge of bankruptcy proceedings, as well as a proven track record of successfully guiding clients through the process.


If you are ready to live without the burden of debt, our Greenwood Chapter 7 bankruptcy attorney can help. Call (317) 830-5993 now to schedule your free consultation.


What Is Chapter 7 Bankruptcy?

By far the most common form, Chapter 7 bankruptcies comprise about 70% of filings each year and generally take only four months to complete. While Chapter 7 bankruptcies are often referred to as "straight liquidation bankruptcy," most filers retain all their property. In turn, the court wipes out most or all unsecured debt (credit cards, medical bills, and past-due utility bills). Civil judgments often can be eliminated, too.

To take advantage of Chapter 7, filers must first pass the “means test.” By reviewing your annual gross income and household size, we can quickly determine whether you qualify for a Chapter 7 bankruptcy. If you don’t, fear not! A Chapter 13 bankruptcy may be a suitable alternative.

Frequently Asked Questions About Chapter 7

How long will this process take?

Chapter 7 bankruptcies typically last 4-6 months, from the moment you file to when the court grants a debt discharge. In some cases, a trustee may keep a case open to collect tax refunds or other non-exempt property, but you can generally count on receiving a discharge in a timely manner.

Will I lose all of my property?

No. Individuals filing Chapter 7 bankruptcy in Indiana can keep up to $19,300 in home equity, $10,250 in personal property, and $400 in cash. Because property is priced at the fair market value (i.e. used, rather than new), many filers are able to protect most—if not all—of their property by claiming exemptions.

What about my home and vehicle?

Usually, Chapter 7 filers owe more than their properties’ fair market values, which means they can most likely claim them as exemptions. However, you must be current on the payments. If not, lenders may request that the bankruptcy court terminate the special protections afforded by bankruptcy and either repossess the property or sue you.

Is there a debt limit for Chapter 7?

There is no minimum or maximum amount of debt allowed in a Chapter 7 case.

How much does a Chapter 7 bankruptcy cost?

The cost to file Chapter 7 bankruptcy can vary from attorney to attorney. When searching for a bankruptcy attorney, always ask what services their attorney fees cover. As we guide filers completely through the case from start to finish, our fee for a Chapter 7 bankruptcy is a flat $1,800 for either single or joint filings. This amount can be paid in installments prior to filing. This amount includes the court’s filing fee of $335 and the cost of obtaining your credit reports electronically (which saves you time and a ream of paper).

Do you have more questions about Chapter 7 bankruptcy in Greenwood? Contact the Law Office of Matthew M. Cree, LLC at (317) 830-5993 for answers and strategic guidance.

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.
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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 ...
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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.

Ready to Take The Next Step?

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